The International Monetary Fund is not seeking more funds from Gulf Arab oil exporters to bolster its resources, and the region faces no major danger from the euro zone debt crisis, the IMF's Deputy Managing Director Nemat Shafik said on Saturday.
Some emerging economies, fearing the euro zone crisis could destabilize them, suggested giving the IMF more firepower to cope with threats to the global financial system when policymakers from the Group of 20 nations met in Paris last week. China, Brazil and India all favored bolstering the IMF's capital, G20 sources said.
But they ran into resistance from the United States and other big economies, burying the idea for now.
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