Poland may reduce IMF credit line

Poland's flexible credit line (FCL) at the International Monetary Fund may be reduced by33-25 percent, Finance Minister Mateusz Szczurek told Bloomberg in an interview. The final decision on the FCL is to be made in January, he added The minister had earlier said that Poland would ask for the FCL to be reduced, but he did not reveal any numbers at that time. On January 18, 2013 the IMF extended Poland's FCL by two years. The value of the credit line in 22 billion SDR or about $33.7 billion.