IMF loosening rules -longer loans and less conditions

Should we or could we get a 5 year loan off them?

IMF announces new lending reforms

Mr Strauss-Kahn said the reforms would help member states

The International Monetary Fund has announced major reforms of its lending procedures to member states.

The reforms aim to provide flexible credit terms for countries with strong economic policies which could be at risk in the current economic climate.

They will help countries to weather the crisis and return to sustainable growth, the IMF says.

The IMF says the new reforms would streamline loan conditions, simplify costs and increase access to resources.