Financial Times FT.com

UK confident Saudis will help IMF

By Andrew England in Abu Dhabi

Published: November 3 2008 00:08 | Last updated: November 3 2008 00:08

Gordon Brown, the UK’s prime minister, on Sunday said he expected Saudi Arabia, the world’s largest oil producer, to provide funding to the International Monetary Fund to help it bail out economies hit by the financial crisis.

Mr Brown is visiting the oil-rich Arab Gulf to drum up investment in the UK and push for additional financial backing for the IMF, which has already agreed to provide rescue loans for Iceland, Ukraine and Hungary.

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