IMF likely to need more money for its bailout fund

Imf Money Bailout Fund - Politics, Business, Civil, History - Posted: 28th Oct, 2008 - 7:54pm

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Business - European Economy
Post Date: 28th Oct, 2008 - 7:54pm / Post ID: #

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IMF likely to need more money for its bailout fund

IMF likely to need more money for its bailout fund (AP)
European Business News

Britain's Prime Minister Gordon Brown speaks during a press conference in Downing Street, London, Tuesday Oct. 28, 2008. Brown said Tuesday he wants China and oil-rich Gulf states to offer money for an enhanced IMF bailout fund aimed at helping countries rocked by the global economic downturn. Brown told reporters that countries with the largest surpluses could do the most to help. (AP Photo/ Carl Court/PA)AP - With Iceland, Pakistan, Hungary and Ukraine already clamoring for mountains of cash aid, the $250 billion set aside by the International Monetary Fund to help struggling nations through the economic crisis is beginning to look puny.



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Post Date: Wed Nov 27 1:36:23 GMT 2024 / Post ID: #

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IMF likely to need more money for its bailout fund

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