Swiss to boost IMF loans to developing countries by CHF850m

8th September 2010, Comments 0 comments

Bern, Switzerland GenevaLunch - The Swiss Federal Council Wednesday 8 September approved an additional CHF850 million in loans for developing countries, to be administered by the IMF trust fund for developing countries International Monetary Fund. Switzerland’s share of the trust fund is 5 percent. The loan will be made through the Swiss National Bank. A ...

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