The International Monetary Fund (IMF) said they would try to increase their resources through the $ 500 billion (£ 325bn) to help stabilize the world economy. The extra money could be used to fight to the countries in the euro zone to pay their debts.

But the IMF said that it may be up to $ 1TN “in the coming years. The $ 500 billion includes the recent European commitment to the € 150 billion (£ 125bn, $ 194bn) are committed to the IMF, said the 187-nation body. Based on staff estimates of potential global financing requirement of about $ 1TN in the coming years, the fund would aim to up to $ 500 billion of additional lending resources,” said the IMF. “In this first phase, we examine ways of funding and will have no further comment, pending the completion of the necessary consultations with the members of the Fund.”