Statement by IMF Managing Director, Christine Lagarde, on pledge by Poland to increase IMF resources by about US$8 billion

18 April 2012

Ms Lagarde stated that this commitment demonstrates Poland's willingness to support the cooperative effort underway to strengthen global economic and financial stability in the spirit of multilateralism.

The financial pledge of €6.27 billion from Poland is in addition to previous pledges for increased contributions from the euro area of €150 billion; from Japan of US$60 billion; from Sweden of at least US$10 billion; from Norway of SDR 6 billion; and from Denmark’s Nationalbank of €5.3 billion.

Ms Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement: “I warmly welcome today’s commitment by the Polish authorities to contribute €6.27 billion in additional financing to the IMF. This is part of a concerted action among important creditors to ensure the Fund has sufficient resources to tackle crises and to promote global economic stability.”

Press release

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