New Role Given To The IMF At G-20 Summit:Managing Director of the International Monetary Fund (IMF)
source: http://www.imf.org/external/np/sec/pr/2009/pr09330.htm
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IMF Managing Director Dominique Strauss-Kahn Welcomes Historic Action by the G20
Press Release No. 09/330
September 25, 2009
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), today welcomed the actions of the Group of 20 nations to sustain the global recovery. He called their commitments to act together to generate strong, sustainable and balanced growth and to modernize global economic governance “historic decisions to adapt global economic cooperation to the needs of the 21st century. The commitment by the leaders of the G20 to a shift in representation is a groundbreaking step to improve the IMF’s legitimacy and effectiveness”.
Commenting on the outcome of the G20 Summit held on September 24-25 in Pittsburgh, Pennsylvania, the Managing Director said:
“I am very encouraged by the outcome of the G20 summit, including the new role given to the IMF. International cooperation has been key to the response to this crisis. The active engagement of leaders is needed to sustain the global economic recovery and is reflected in their discussion of the ‘Framework for Strong, Sustainable and Balanced Growth’. The IMF’s expertise will support this cooperative process of mutual assessment”.
Press Release No. 09/330
September 25, 2009
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), today welcomed the actions of the Group of 20 nations to sustain the global recovery. He called their commitments to act together to generate strong, sustainable and balanced growth and to modernize global economic governance “historic decisions to adapt global economic cooperation to the needs of the 21st century. The commitment by the leaders of the G20 to a shift in representation is a groundbreaking step to improve the IMF’s legitimacy and effectiveness”.
Commenting on the outcome of the G20 Summit held on September 24-25 in Pittsburgh, Pennsylvania, the Managing Director said:
“I am very encouraged by the outcome of the G20 summit, including the new role given to the IMF. International cooperation has been key to the response to this crisis. The active engagement of leaders is needed to sustain the global economic recovery and is reflected in their discussion of the ‘Framework for Strong, Sustainable and Balanced Growth’. The IMF’s expertise will support this cooperative process of mutual assessment”.
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- groups:
- IMF Watch
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- tags:
- UN, United Nations, G20, International Monetary Fund, 4 more
