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the rest of the current crisis affected developing countries, commitments which were significantly higher than the liquid assets. As a result, developing countries, particularly countries in Eastern Europe, were forced to seek assistance from international institutions, such as the IMF, transmits Reuters.

However, if the first IMF willingly handed out loans in recent years against a background of growing expectations for an early restoration of the world economy) to obtain a loan from the fund was almost impossible. Instead, the IMF now makes money only to those States that are willing to comply with its terms and to make significant cuts in budget spending.

As a result, say experts, is now all the countries wishing to obtain a loan from the IMF, split into two camps: those who are willing to comply with all conditions of the fund, and those who can live without the IMF money. For example, Serbia and Latvia, most likely will not get a loan from the Fund, while Ukraine, in contrast, can count on that money. Financial conditions are better, and now the fund could examine the situation in those countries that request a credit, - said Barclays Capital strategist Kun Shaw.

worth noting that in the past year, many Eastern European countries were on the brink of default, and the IMF, the reserves which swelled to 750 billion dollars, has been forced to provide financial support to these States, to prevent their bankruptcy. As a result, Hungary and Latvia, where the economy to decline this year by 6% and 18% respectively, had hoped to obtain loan money, even with the huge budget deficit.

But then, after a slight improvement, the IMF suspended the allocation of tranches of Latvia, since the Parliament was unable to endorse measures to reduce the budget. The Latvian Saeima has decided to cut spending on social benefits, but the fund is not sure that this is enough to reduce the budget. Also, the International Monetary Fund to suspend credit tranche of Serbia because of too large deficit sectors of the economy and reminded of the need to cut Hungary's budget deficit next year.

in similar circumstances, and Ukraine, which refused to fund a loan. True, then the IMF has revised his views and promised to make this Eastern European country money. It is possible that this is about geopolitics, - said the head of research department of RBS Timothy Ash.

much worse situation in Turkey. The point is that the Turkish Prime Minister Tayyip Erdogan has indicated that Ankara could refuse to enter into a loan agreement with IMF. We did not sign the agreement until it will not meet our interests. We can announce that true to him, and did not die, because no obligation to the IMF, - said the head of the Turkish Government.

Recall that the IMF has collected more than 400 billion dollars into a special fund to support the countries hardest hit by the crisis. Contributions to the fund came from Russia, Brazil and China. Expected contribution from India. The funds primarily will be directed at supporting the countries of Central and Eastern Europe, where the effects of the crisis particularly serious.

In the beginning of April 2009 the country of Eight have decided to increase the budget of the IMF tripled - up to 750 billion dollars, China should have been made to the fund to $ 40 billion, and the European Union and Japan - 100 billion dollars

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