Wednesday, October 29, 2008

IMF to Launch New Facility for Emerging Markets Hit by Crisis

http://www.imf.org/external/pubs/ft/survey/so/2008/POL102908A.htm

In short just a faster clearning house to help get the money to the people quicker,
Only problem with reserves of 500B, why allow up to 500% unless the IMF plans not to help large countries like Pakistain,Poland,Belarus?

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