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IMF approves $750m loan for Georgia

16-Sep-2008
Story Timeline:  66 days

WASHINGTON Sept 15 The International Monetary Fund on Monday approved a $750 million loan program for Georgia aimed at rebuilding the country’s currency reserves and restoring investor confidence shaken by the war with Russia. The IMF said it would immediately disburse $250m to the government and issue the balance in six installments over the next 18 months. The funding is above normal limits for IMF lending... [read full story]                    

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IMF approves $750 mln loan for Georgia

bbj.hu 16-Sep-2008
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UPDATE - IMF approves $750 mln to shore up Georgia economy (at Reuters)

yahoo.com 15-Sep-2008
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