IMF Members Commit US$340b in Bilateral Borrowing to Maintain IMF’s Lending Capacity

Christine Lagarde , IMF MD     By Nkechi Naeche (Washington)     Poised to maintain the IMF’ s lending capacity, twenty-five members of the International Monetary Fund (IMF) have committed a total of SDR 243 billion (US$340 billion) in bilateral borrowed resources with maximum terms through end-2020. In welcoming these commitments, Ms. Christine Lagarde, ...