Brazil Boosts IMF Resources

    The International Monetary Fund will receive

    from Brazil, Dow Jones reports. "This money will be available to the IMF and it will be doled out as needed, rather than all at once," Brazil Finance Mister Guido Mantega told reporters at a press conference.

    About the author

    • Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.