Global financial system on the road to recovery, but risks remain. This is stated in the new publication of the International Monetary Fund (IMF) on the stabilization of world financial markets.

According to the report of the IMF, it is now necessary to take additional measures to restore bank balance sheets, financial institutions were able to resume lending as needed to support economic recovery. Otherwise, the risks to the global financial system and the economy can grow again.

Analysts said the IMF, the gradual return of banks to capital markets and return them to profitability indicate that the global banking system is no longer on the verge of collapse. According to their data, over the last 6 months of the cancellation of bad assets fell by nearly $ 600 billion, and now their total volume is estimated at 3.4 trillion dollars, whereas previously written off was estimated at 4 trillion dollars, however, banks continue to face significant difficulties. Thus, in the I half of 2009 banks have announced a possible write-off of assets to 1.3 trillion dollars, but in the second half of this year may be made to write off another 1.5 trillion dollars Furthermore, banks require massive additional funding to cover writedowns and refinancing debt.

Recall that the September 15 The IMF said that the States still too early to turn off anti-crisis program to stimulate the economy, but now need to begin preparing for a gradual and negotiated end to incentives. Downloaded the economy of unprecedented amounts of liquidity, the government must now work out a plan to get rid of the assets obtained in exchange and reduce the risks to themselves, significantly increased in connection with the gosvlivaniyami - described in the materials of the IMF. Stated loan programs can be used, the loans can not be returned, and assets - to lose its value. If these risks materialize, the ultimate price for taxpayers' state intervention may be unpredictable, - analysts said the IMF.