World Economy

Greece Ready for IMF Payment

Greece Ready for IMF PaymentGreece Ready for IMF Payment

Greece will pay a loan tranche due on April 9 to the International Monetary Fund on time, its deputy finance minister, Dimitris Mardas, said on Friday, seeking to quell fears of default, Reuters said. Greece is fast running out of cash and its eurozone and IMF lenders have frozen bailout aid until the new government reaches agreement on a package of reforms.