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16 kwietnia 2009
Poland asks IMF for economic lifeline
ABC News Online; Emma Alberici
The Polish Government will ask the International Monetary Fund (IMF) for a $28 billion line of credit to help it recover from the economic crisis.

Poland's finance minister said he wanted to increase the central bank's reserves by a third and make the country "immune to the virus of the crisis and to speculative attacks".

At the G20 meeting in London earlier this month, a decision was taken to boost the IMF's lending resources by up to $1 billion.

The IMF's managing director, Dominque Strauss Kahn, welcomed the decision by Poland to take up the line of credit.

The Polish Government recently adopted a stimulus plan worth $39 billion.

Published Wed Apr 15, 2009
ABC News Online (link)