Reformed IMF could strengthen global safety net – paper

IMF headquarters in Washington, DC
The IMF may have to revisit its toolkit in order to patch up holes in the global financial safety net

The ‘global financial safety net' (GFSN) could be strengthened by reforming the International Monetary Fund, which may require the institution to "revisit" its toolkit, an IMF policy paper said on March 28.

The adequacy of the global financial safety net, prepared by a team from the strategy, policy and review department, was discussed by the IMF's executive board during an informal session as part of the fund's ongoing review of the international monetary system.

The paper assessed the

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