Nov 17 (Reuters) - International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn told the BBC that his organisation was likely to need at least $100 billion in extra funding over the next six months in order to help countries out of the mire.
Below are details of some its existing lending packages and current funding:

RECENT RESCUE PACKAGES:
* BELARUS:
-- Belarus is seeking a $2 billion loan in what officials have said was a "precautionary" measure against the impact of the global financial crisis. The IMF has put conditions on the issuance of any loan for Belarus, the country said last week, adding that the demands can be met.

* HUNGARY:
-- The IMF, the EU and World Bank agreed to a $25.1 billion economic rescue package for Hungary in the biggest loan for an emerging market economy since the global crisis began.
-- Hungary turned to the IMF for help in order to shore up its forint currency and markets and shield the economy from the global financial crisis.
-- The package, also taking into account Hungary's FX reserves of about 17 billion euros ($21.6 billion), was more than sufficient to cover Hungary's short-term financing need of around 32 billion euros in the next 12 months, including a current account deficit of about 5.6 billion euros expected for 2009.
-- The IMF help came with conditions. It has forced the government to make additional spending cuts, including a reduction in social spending and public sector wages, which had been regarded as taboo so far.
* ICELAND:
-- Iceland reached a provisional deal for a $2 billion IMF lifeline last month and other lenders, including the EU and Nordic neighbours, had indicated they could be willing to stump up cash once the IMF programme won official approval.
-- Strauss-Kahn said at the G20 meeting in Washington at the weekend that it would finalise a package for Iceland on Nov. 19.
* PAKISTAN:
-- Pakistan agreed at the weekend with the IMF on a $7.6 billion emergency loan to stave off a balance of payments crisis and pave the way for a broader economic rescue plan.
-- The IMF said that the credit under the emergency funding would be tied to economic reforms, including higher official interest rates, tighter fiscal policies and a well-funded social safety net to protect the poor.
* SERBIA:
-- Serbia said last week it had agreed a 15-month stand-by programme with the IMF to help maintain macroeconomic stability.
-- The agreement includes a 2009 fiscal deficit goal of 1.5 percent of gross domestic product, down from 2.7 percent of GDP in 2008.
-- Serbia's dinar currency and hard currency reserves had slumped in the last month, driving it into talks with the Fund as its central bank warned the economy could be hit hard by the fallout of the credit crunch.
* SEYCHELLES:
-- IMF agreed last week on a two-year $26-million rescue package for the deeply indebted Seychelles economy.
-- Initially the country will receive $9.1 million as it struggles with a foreign debt previously valued at $800 million.
-- The package has been extended to support the economic reforms initiated by the government and the disbursement of the funds will be subject to performance.
* TURKEY:
-- Turkey and the IMF have been locked in negotiations for fresh funding after the country's $10 billion standby deal expired in May, but disagreement, among other issues, over spending by municipalities has hampered progress. However Strauss-Kahn said on Saturday that a package was close.
* UKRAINE:
-- The IMF approved a $16.5 billion loan package to help Ukraine withstand the financial crisis on Nov. 6. Ukraine received its first tranche worth $4.5 billion four days later.
-- The programme incorporates monetary and exchange rate policy shifts, banking recapitalization and fiscal and incomes policy adjustments.
* IMF FUNDING:
-- As of August 28, the fund had $201 billion in loanable funds. It had 18.3 billion loaned out under a variety of programmes to 65 countries.
-- Following the G20 summit in Washington, there was no fresh money for the IMF beyond a unilateral Japanese offer for a $100 billion loan. Saudi Arabia, intensely lobbied by British Prime Minister Gordon Brown to use its oil wealth to augment the Fund, pointedly said that it had not come to Washington to pay the bill.
(Writing by Carl Bagh and David Cutler, Editorial Reference Units in Bangalore and London; Editing by Victoria Main) Keywords: FINANCIAL/IMF DEALS

(carl.bagh@thomsonreuters.com; +91 80 41355917; Reuters Messaging: carl.bagh@thomsonreuters.com)

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