Strauss-Kahn: Fund needs more resources
The International Monetary Fund (IMF) needs more resources to address current global challenges, said Dominique Strauss-Kahn, the managing director of the Fund.
Strauss-Kahn said that in November 2008 the Fund lent more than it has in any single month in its history. He warned that should the global crisis intensify, liquidity would have to be supplied to affected countries.
The managing director said that a very sharp fall in financing in some emerging markets was already noticeable and that
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