IMF participation on Greece contingent on reforms, debt relief -spokesman

2017-02-24

IMF participation on Greece contingent on reforms, debt relief -spokesman

The International Monetary Fund will only consider a financial contribution to the bailout programme for Greece after there has been full discussion on economic reforms and debt restructuring, IMF spokesman Gerry Rice said on Thursday.

“Before the IMF would be able to make a commitment on our participation in the programme, we would need to have the discussion of both policies and debt relief, and beyond the discussion credible commitments in which we have confidence,” Rice said in response to a question at a regular news briefing.

Source: Reuters (Reporting by Lindsay Dunsmuir; Editing by Meredith Mazzilli)

Source from : IMF/OECD News

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