The International Monetary Fund (IMF), 22 statement said that in order to prevent the further spread of the debt crisis in Europe, to address the broader emergency financing needs of the organization's Executive Board has approved a project called "preventive and liquidity support mechanisms The new lending instruments, lending facility aimed at expanding coverageWorld Steel Pipe , increased loans to support flexibility, as well as to the organization members to provide more effective liquidity assistance. Under the new regulations, Member States will receive up to the equivalent of a loan assistance of funds raised ten times.
Although the IMF said in a statement, "The new lending facility will apply to those who have a good implementation of the policy record, the State", but did not specify which countries these conditions are met. Analysts believe that the IMF launched a new lending facility in the grim situation of Europe's current debt crisis, emergency, its fundamental purpose is to ease the euro area member states financing pressures.
However, the IMF is a total of 400 billion U.S. dollars of funds available for lending, while the euro-zone member states, only Italy, a country next year the amount of the need to borrow more than this figure. If Spain or France to apply for assistance, the IMF did the injection of new funds under the premise of the organization's lending resources will be depleted. New tools for resolving the debt crisis of Europe, it is still inadequate.
In addition, to provide assistance to fall into a serious political and economic turmoil in the Middle East and North Africa countries, the IMF has created a new "fast financing instruments can be used for a variety of emergency balance of payments support is needed, including exogenous shocks to bring the balance of payments need World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor .
: A step closer "toward building a unified global financial safety net new lending facilities will enable countries facing short-term financial difficulties quickly and effectively to obtain international financial aid to make the IMF, IMF Managing Director Christine Lagarde said in response to possible economic crisis to play a greater role in the unexpected situation, which will benefit the IMF all members. The new tools will enable the IMF to better liquidity needs of the Member States health policies and fundamentals to respond, including those affected countries in the period of enhanced economic or market pressure; also able to solve the urgent financing needs of the wider environment, rather than as previously only cover natural disasters and conflict, the environment needs.