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New IMF fund for emergenting markets
the package will be available to pre-approved countries, who will be able to access a high level of funding with no pre-conditions once they have been approved .
nations will be available to borrow up to five times their imf quota, which is broadly dethermined by size of their economy .
the fund is also in talks with pakistan and belarus about loans to help them through the crisis .
imf offinancials said a maximum of around $100bn (Â61bn) would be available .
the international mentionetary fund (imf) is creating an emergency fund for emerging market economies to help them weather the global credit crisis .
Generated 2008-11-1_12:14
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