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Tuesday, June 19, 2012 11:59
Promises of high finance the IMF to 456 billion dollars
Follow-up Baghdadiya News / .. Arrived and promises of member states of the International Monetary Fund to provide new resources for the fund to 456 billion dollars in the first day of the summit of the Group's, as said Director-General of the Finance Christine Lagarde said in a statement.
Lagarde and praised the contributions of 12 countries either were not identified to increase the amount of funding, such as China, which announced to provide $ 43 billion, or newcomers to the effort, including Mexico, the host of a summit of Heads of State and Government of the century.
Lagarde said, "joined the small and large countries to call for a move is likely to accede to other countries. Say hello to its commitment to pluralism."
And continued, "Consequently, the total value of the promises rose to 456 billion, almost double our capacity to grant loans."
According to the latest weekly report on the finances, the IMF is still able to monitor the $ 380 billion to its member states and will result in the allocation section of the 456 billion dollars for the formation of additional reserves precaution.
China has promised to provide $ 45 billion, according to said fund, after it failed for two months for determining the value of the additional contribution in strengthening the resources of the Fund.
And India, and Russia promised to pay each of them $ 10 billion to increase the resources of the International Monetary Fund during the Group of Twenty summit in Los Cabos, Mexico.
And Indian Prime Minister Manmohan Singh for this amount to his counterparts of Heads of State and Governments of rich countries and major emerging.
For his part, said a spokesman for Russian President Vladimir Putin told reporters at the meeting that Russia confirmed that it will contribute to a rate of 10 billion dollars. "
Singh said that "the global economic situation is very alarming and that the promotion is about to fade and even emerging markets experiencing strong growth slow down." / Finished
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Promises of high finance the IMF to 456 billion dollars
Follow-up Baghdadiya News / .. Arrived and promises of member states of the International Monetary Fund to provide new resources for the fund to 456 billion dollars in the first day of the summit of the Group's, as said Director-General of the Finance Christine Lagarde said in a statement.
Lagarde and praised the contributions of 12 countries either were not identified to increase the amount of funding, such as China, which announced to provide $ 43 billion, or newcomers to the effort, including Mexico, the host of a summit of Heads of State and Government of the century.
Lagarde said, "joined the small and large countries to call for a move is likely to accede to other countries. Say hello to its commitment to pluralism."
And continued, "Consequently, the total value of the promises rose to 456 billion, almost double our capacity to grant loans."
According to the latest weekly report on the finances, the IMF is still able to monitor the $ 380 billion to its member states and will result in the allocation section of the 456 billion dollars for the formation of additional reserves precaution.
China has promised to provide $ 45 billion, according to said fund, after it failed for two months for determining the value of the additional contribution in strengthening the resources of the Fund.
And India, and Russia promised to pay each of them $ 10 billion to increase the resources of the International Monetary Fund during the Group of Twenty summit in Los Cabos, Mexico.
And Indian Prime Minister Manmohan Singh for this amount to his counterparts of Heads of State and Governments of rich countries and major emerging.
For his part, said a spokesman for Russian President Vladimir Putin told reporters at the meeting that Russia confirmed that it will contribute to a rate of 10 billion dollars. "
Singh said that "the global economic situation is very alarming and that the promotion is about to fade and even emerging markets experiencing strong growth slow down." / Finished
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