-
Britain pledges additional £10bn towards IMF war chest
The extra commitment will take Britain’s total contributions to the International Monetary Fund (IMF) to £40bn, putting every household on the line for £1,600. The Chancellor struck the deal in Washington as part of a broad agreement between a number of non-eurozone countries to pump an extra $200bn into the IMF’s resources to help underpin the global recovery. Japan has committed $60bn and Switzerland about $26bn. In total, the IMF has secured about $400bn in extra funding from members, half of which was pledged by the eurozone countries last December. The US and Canada, though, have refused to take part. ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Apr 20, 2012 12:41pm Apr 20, 2012 12:41pm
- Guest
- | IP XXX.XXX.159.54
- Comment #2
- Quote
- Apr 20, 2012 1:18pm Apr 20, 2012 1:18pm
- staffpro
- | Membership Revoked | Joined Nov 2010 | 22 Comments
- Comment #3
- Quote
- Apr 20, 2012 3:59pm Apr 20, 2012 3:59pm
- Guest
- | IP XXX.XX.245.49