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IMF Gets $456 Billion for Crisis Firewall

IMF Gets $456 Billion for Crisis Firewall

IMF chief Christine Lagarde said on Monday that member states had promised a total of $456 billion (361 billion euros) for its new crisis fund, $26 billion more than a target set in April.

China, which had held back on how much it would offer for months, will contribute $43 billion, according to the IMF.

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