MACEDONIA WILL DRAW $77 MILLION FROM IMF
admin1 – April 27, 2009 – 3:02pm

Macedonia will be able to draw $77 million from IMF this fall without concluding a new arrangement. The United States of America has to decide over the next three months whether to accept the decision of G20 that every IMF member state uses its Special Drawing Rights. If such decision is adopted, Macedonia will be able to draw 77 percent of its quota, which totals $100 mil-lion, Macedonian Deputy Prime Minister Zoran Stavreski and Finance Minister Trajko Slaveski stated in Washington yesterday, where they are attending the spring meetings of the International Monetary Fund and the World Bank.

"This credit will not impose any conditions on Macedonia other than purely credit-related conditions," Stavreski explained.