The first deputy managing director of the International Monetary Fund, John Lipsky, welcomed Poland’s interest in securing a new one-year precautionary arrangement worth some USD20.1 billion under the fund’s Flexible Credit Line. The IMF executive board is expected to approve the arrangement in early July.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.