The International Monetary Fund is close to completing its talks to borrow $100 billion from Japan, IMF Managing Director Dominique Strauss-Kahn said.

"The Japanese already pledged $100 billion and I'm really thankful to the Japanese government to take the lead" in helping the IMF improve its financial standing, he told a news conference Monday.

"We are discussing with them to finalize technical details of this agreement, but almost done," the IMF chief said. "I hope other countries will follow."