SyuzhetyAntikrizisnye loans MVF03.03.2009MVF granted a half a billion dollarovFinansovye ministers of EU countries would support a request to increase funds for the International Monetary Fund (IMF) to 500 billion dollars. That was reported by Reuters, referring to got to the agency documents. These funds are needed for the IMF to assist countries with economies in transition and the poorest nations of the world, whose economies have suffered due to the crisis.
This document reflects the collective position of ministers of EU countries before the summit of "Big twenty" (G20), which will be held in London on April 2. The discussion at the summit of G20 will be the reform of the global financial system. In November 2008, the first such meeting in Washington in the U.S., where it was decided to develop concrete proposals for a global and coordinated regulation of the economy.
In January 2009, the head of the IMF Dominique Strauss-Kahn said that the Fund will need additional 150 billion dollars. The need for these funds came from the fact that the crisis has had a greater impact on the economies of the world than previously thought. As a donor IMF sees Japan and China.
In late 2008 the IMF provided more than $ 50 billion to several countries, including Iceland, Ukraine and Hungary. The possibilities of extending credit and other nations of Europe and Asia.
Recall that the European Union is greatly affected by the downturn in the global economy. Many union members, including Britain, Spain, Germany and Sweden entered the stage of a recession - the recession in GDP over two quarters in succession. In the EU, rising unemployment, and financial institutions have a record loss.
IMF - Special Agency of the UN, whose work focuses on overcoming short-term macro-economic crises. Total fund is composed of 185 countries. Traditionally, the main source of funds for the IMF are the contributions of the participating countries. However, now that the money is not enough, the IMF is considering the possibility of obtaining a loan or bond issue.
Monday, March 9, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment