A Step Closer to a Stronger Global Financial Safety Net
IMF Survey › Nbr. 39-8, August 2010 › Policy
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Summary
The IMF agrees two further enhancements to its crisis-prevention toolkit. A new Precautionary Credit Line for members with sound economic policies will now operate alongside an improved Flexible Credit Line—the insurance option for the IMF’s strongest-performing members.
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A Step Closer to a Stronger Global Financial Safety Net
IMF responds to G-20 call for strengthening global financial safety net
New crisis-prevention credit line joins enhanced Flexible Credit Line Discussions to continue on framework to address systemic events A new Precautionary Credit Line for memb...See the full content of this document
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