Downing Street Says » IMF resources

» Monday, October 17, 2011

IMF resources

Asked what the Government was doing to tackle the deficit, the PMS said the Prime Minister, the Chancellor and the Deputy Prime Minister had been speaking with their counterparts in other countries to encourage action. He added that there was a growing understanding of the measures required. Asked several questions about whether the IMF needed more resources and whether the UK would increase its contribution to tackle the economic slowdown, the PMS said that the UK was a shareholder in the IMF and that it was in our interests to ensure it had enough resources to support economies around the world, but that building up IMF resources should not be a substitute for the Eurozone dealing with its own issues.

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