Sunday, March 29, 2009

IMF (International Monetary Fund)


The IMF is helping countries address the fallout from the devastating economics crisis. In recent months, it has provided loans worth more than $50 billion to emerging market countries.
The IMF's lending to low-income countries has also been stepped up as developing countries start to feel the effects of the crisis.
he IMF has urged the Group of Twenty (G-20) industrialized and emerging market countries to take more decisive policy action to combat the corrosive global financial and economic crisis by bolstering demand and cleaning up the financial sector.
Posted by at

4 comments:

  1. nidaMarch 31, 2009 at 12:40 AM

    Asia's crisis has been primarily a currency crisis, not an explosion of economic fundamentals.

    ReplyDelete
  2. AnonymousApril 5, 2009 at 11:13 AM

    This comment has been removed by the author.

    ReplyDelete
  3. AnonymousApril 5, 2009 at 11:18 AM

    I agree with Nida.

    ReplyDelete
  4. AnonymousApril 5, 2009 at 11:21 AM

    The current economic situation is sure to have further adverse effects globally. Some months ago, the IMF clearly stated that even in countries where banking sectors still appear resilient, the deepening global financial crisis is likely to imply greater stresses.

    ReplyDelete

Subscribe to: Post Comments (Atom)