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Washington fears obstruct reform IMF

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Washington fears obstruct reform IMF Empty Washington fears obstruct reform IMF

Post  Admin Thu Mar 19, 2015 9:12 am




3/19/2015 0:00

WASHINGTON - A. P. B.
The United States confirmed the words of Treasury Secretary Jacob though, that the obstruction of the US Congress to reform the International Monetary Fund threatens «credibility and influence» of the United States in the world.

Lu said at a hearing before Congress that «our sincerity and international influence are at stake». Apply the fix Monetary Fund, which gives emerging nations a bigger role and doubles permanent resources remains, commenting two years ago waiting to be ratified by the US Congress, which is dominated by the Democratic administration Algmehurion.ouholt move this file in recent months, but to no avail, sparking resentment emerging economies At the forefront of Chin.oadav if the «repeated failures (...) pay other countries, including some of our allies, to question our commitment within the International Monetary Fund and other organizations».

He explained that this disruption also pay emerging countries to set up financial institutions «parallel» excluded from the United States. In this context, established Brix Group, which includes Brazil, Russia, India, China and South Africa's monetary fund last year. He believed that if the ratification of the reform of the IMF will allow the preservation of «Leadership».


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