Norway to increase bilateral loan to IMF

Norway has offered to lend more money to the IMF, in addition to the earlier offer of up to NOK 55 billion (equivalent to 7 billion Euros), as a bilateral loan, Dagens Næringsliv reports.

In this way Norway wants to contribute to stabilising the European and international economy.

Last year's offer of NOK 55 billion for 2012 was double that of earlier annual loan offers to the IMF.

Prime Minister Jens Stoltenberg has now announced a further increase, the newspaper reports.

(NRK)

Thursday, 02 February 2012 08:08

Written by Rolleiv Solholm

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