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IMF Managing Director, Christine Lagarde's interview in Davos, January 27, 2012 - Part 3 of 3
Lagarde explains what the IMF is doing to stabilise the global economy Shotlist: QUESTION: Camilla Andersen, External Relations Dept., IMF:You have called for a big increase in the IMF's lending resources to help restore confidence. What other steps is the IMF taking to put the global economy back on track? ANSWER: Christine Lagarde, MD, IMF:Don't forget that the IMF is a guardian of stability and a builder of confidence. And there is a lot to be done at the moment, and we probably will need more funding to be able to respond to a time of crisis. That's the reason why we have started negotiating, discussing, exploring options with our membership at large because it is our membership at large that we care for. So we are not raising funds for the purpose of funding the euro area exclusively. We are in the fund- raising exercise for the benefit of the entire community, just in case there were collateral damages, just in case there were spillover effects arising out the crisis in the eurozone. Due to problems with spam only SalfordOnline members can now leave comments. Becoming a member of SalfordOnline only takes a minute, just hit the red Join Us button at the top right hand side of the page to create your Personal account. Got a news story? Need help with publicity for an event in Salford? Send it to newsdesk@salfordonline.com or call the SalfordOnline newsdesk on 0161 789 5377. |
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