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The Impact of the Financial Crisis on IMF Finances

Author

Listed:
  • Anthony Brassil

    (Reserve Bank of Australia)

Abstract

The global financial crisis has led to increased lending by the International Monetary Fund (IMF) to member countries. With IMF resources low by historical standards before the crisis, the IMF has funded this increase in lending partly by borrowing from member countries; this is the first time borrowing has been used since 1998. Further work to enhance the IMF’s lending facilities and review the IMF’s available resources is underway.

Suggested Citation

  • Anthony Brassil, 2010. "The Impact of the Financial Crisis on IMF Finances," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 71-75, September.
    • Handle: RePEc:rba:rbabul:sep2010-09
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910-9.pdf
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