IMF seeks more funds | Reuters

IMF seeks more funds | Reuters: "At this preliminary stage, we are exploring options on funding and will have no further comment until the necessary consultations," he added.

IMF sources who were present at an IMF board meeting on the issue on Tuesday told Reuters the IMF was seeking to raise up to$600 billion, with $100 billion needed as a "protection buffer."

There would be a $1 trillion global financing gap over the next two years if global economic conditions worsened considerably, the sources added.

The U.S. repeated that it would not contribute more resources to the IMF.

"We have to

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ld our international partners that we have no intention to seek additional resources for the IMF," a Treasury spokeswoman said.