Tuesday, April 28, 2009

IMF in Need of Change

According to the a group of global banks, the International Monetary Fund needs radical transformation in order to stimulate the international markets. G-20 leaders pledged earlier this month to increase funding for the IMF, but that money is not yet committed. The promises made at the summit need to be turned into reality, and the IMF needs to become more transparent in its actions.
Source: Financial Times