TITLE

No Blank Check for the IMF

AUTHOR(S)
Weissman, Roberto
PUB. DATE
May 2009
SOURCE
Progressive Populist;5/15/2009, Vol. 15 Issue 9, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the role of International Monetary Fund (IMF) as distributor of the Group of Twenty's (G20's) $1 trillion assistance fund to global developing countries. It notes that the assistance program of the G20 might be jeopardized by the IMF due to its pursuance of contradictory policies for developing countries applying for loans. It suggests that the parliament must have the authority to sanction deals between the IMF and finance ministries before IMF can have the G20 fund.
ACCESSION #
39658228

 

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