WASHINGTON, May 8 (Reuters) - The International Monetary Fund has offered membership to Kosovo, the fund announced on Friday, giving the small country that broke away from Serbia last year access to millions of dollars in IMF-backed loans.
Landlocked Kosovo is one of Europe's poorest nations. But its finance minister said recently that while it was close to joining the IMF, it had no plans to ask the IMF for money right away.
"The executive board of the International Monetary Fund (IMF) today certified a vote by the IMF's Board of Governors to offer IMF membership to the Republic of Kosovo," the fund announced in a statement.
Full article at Reuters.
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