ASSESSMENTS

Poland: Tapping the IMF's Flexible Credit Program

Apr 15, 2009 | 21:00 GMT

BARTEK WRZESNIOWSKI/AFP/Getty Images

Summary

Polish Prime Minister Donald Tusk said April 15 that his country will apply for a line of credit through the International Monetary Fund's (IMF) Flexible Credit Line program, designed for countries with solid economic fundamentals that are being affected by the global recession. The move is meant to boost investor confidence in Poland, since a country must have a strong economy to get approval from the IMF.

Poland is the next country that will take advantage of the International Monetary Fund's Flexible Credit Line program....

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