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IMF postpones decision to increase capital in 2011 US fears to expand Chinese influence

2019-10-18T22:07:37.403Z


[Washington, 18 Reuters]-The International Monetary Fund (IMF) announced on 18th that member 189 countries will maintain IMF's total lending capacity at $ 1 trillion and postpone the decision to recapitalize until December 2023 Announced agreed


[Washington, 18 Reuters]-The International Monetary Fund (IMF) announced on 18th that member 189 countries will maintain IMF's total lending capacity at $ 1 trillion and postpone the decision to recapitalize until December 2023 Announced that they have agreed.

It seems that the US has warned that China's influence will expand as a result of a review of the investment ratios of member countries to increase capital, and that it seems to have reached an agreement.

Georgieva, Managing Director of the IMF, said the decision on financing capacity would give confidence to the Member States that deal with the economic slowdown that the IMF could provide sufficient support.

Source: asahi

All news articles on 2019-10-18

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