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Global Deals Review: Q4 2009

Two men shakes hands in this file photo. REUTERS/Files

Hot sectors in a tepid recovery

The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010.   Full Article | Full Coverage 

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IMF, Belarus agree on $2.5 billion rescue deal

Wed Dec 31, 2008 8:24am EST

WASHINGTON, Dec 31 (Reuters) - The International Monetary Fund on Wednesday agreed on a $2.5 billion emergency loan package for Belarus to help it weather the global financial crisis, IMF chief Dominique Strauss-Kahn said.

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Strauss-Kahn said the IMF board would consider the agreement in January and Belarus will be able to draw down about $800 million of the loan immediately after approval.

"The Fund-supported program will help Belarus achieve an orderly adjustment to the external shocks that it is facing and offer protection against its most pressing vulnerabilities," Strauss-Kahn said in a statement. (Reporting by Lesley Wroughton, Editing by Chizu Nomiyama)

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