IMF Offers Special Loan for Tsunami-Hit Countries
Wednesday, January 5, 2005
The International Monetary Fund (IMF) Managing Director Rodrigo Rato offered special relief funds for the countries victim of the tsunami disaster. The money is, however, in the form of a loan. The IMF has been present in the area on various occasions. The IMF offered a one billion U.S. dollar loan. The money would be given as Emergency Natural Disaster Assistance facRead More…