Mon, Apr 20th, 2009
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(Adds comments from Finance Minister, analyst.)
Of DOW JONES NEWSWIRES
BOGOTA (Dow Jones)--Colombia's central bank Monday requested a $10.4 billion flexible, one-year credit line from the International Monetary Fund, as its economy falters.
Colombia becomes the third country to line up for the fund's new program to provide a backstop for sound economies in the crisis. Central Bank governor Jose Dario Uribe said he expects an answer from the IMF board with the next few weeks.
Related stories from top sites:
Japan Govt: Economy To Contract 3.3% In Fiscal 2009
Apr 22nd, 2009 - Wall Street Journal
(Adds Finance Minister Yosano's comments on the economy and policy stance.) TOKYO (Dow Jones)--The Japanese government said Monday it now expects the economy to contract a record 3.3% in the fiscal year that started in April...
Why European Stocks Make Sense
Apr 22nd, 2009 - Wall Street Journal
MADRID -- Investor gloom that surrounds Europe at the moment is almost matched by the enthusiasm for emerging Asia stock markets. Much of that is down to economic growth -- poor here, better there...
India Won't Use IMF Loan to Gain Leverage, Says Bank Chief
Apr 22nd, 2009 - Wall Street Journal
WASHINGTON -- India's central bank governor said Saturday the country isn't planning to use a promise of a loan to the International Monetary Fund as leverage to gain a greater role within the institution.
Tanzania says to get IMF money
Apr 22nd, 2009 - Reuters
WASHINGTON (Reuters) - Tanzania will get a "good package" from the International Monetary Fund to help its export-based economy, which is reeling from the global slowdown...
Australia, New Zealand Can Cut Interest Rates Further, IMF Says
Apr 22nd, 2009 - Bloomberg
April 22 (Bloomberg) -- Australian and New Zealand centralbanks can cut interest rates further, making them better placedthan counterparts to cushion their economies from the globalrecession...




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