WASHINGTON - IMF CHIEF Dominique Strauss-Kahn said on Saturday the fund had reached an agreement on providing a loan to Iceland, battered by the financial crisis, which will go to a vote next week.

Mr Strauss-Kahn, who was speaking at a press conference after a summit of G20 leaders, did not say how much the loan was for, but said the board would vote on it on Wednesday.

Earlier reports have said the Nordic country was seeking some US$2 billion (S$3.03 billion) from the International Monetary Fund. -- AFP