The Managing Director of the International Monetary Fund (IMF), Mr. Dominique Strauss-Kahn, made the following statement today regarding India’s commitment to invest up to the equivalent of US$10 billion in IMF notes.
“I welcome the announcement by India of its intention to support the Fund’s lending capacity through the purchase of up to US$10 billion worth of IMF notes. This investment will help underpin the international financial system by ensuring the Fund has adequate resources to meet the financing needs of its membership, demonstrating the commitment of the Indian authorities to multilateral cooperation.”
No comments:
Post a Comment