Friday 27 January 2012

Assaf Says Saudi Arabia May Be Ready to Raise IMF Contribution - Bloomberg

Saudi Arabia’s Finance Minister Ibrahim al-Assaf said the world’s top oil exporter may be willing to increase its contribution to the International Monetary Fund.
“We have been there for the IMF for a long time; over 35 years we have been providing loans to the IMF. Also we have a large shareholding,” al-Assaf said in a Bloomberg Television interview in Davos, Switzerland. “We like to maintain that or increase it.”
“I really cannot answer exactly who is going to contribute and for that matter Saudi Arabia’s contribution,” al-Assaf said.

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