International Monetary Fund

International Monetary Fund (IMF) will strengthen early warning systems including sharpening its focus to deal with possible crises that can affect economics and business in numbers of countries. IMF Managing Director Dominique Strauss Kahn says it will strive to strengthen the relationship between these institutions with countries in Asia. “We will work hard to make useful analysis of this institution for the Asia region. We will strive to improve the effectiveness and controlling of policy advice provided by the IMF, “he said. Strauss-Kahn said the agency would strengthen global security network so that it would work more closely with countries in Asia. “Listening to the Asia opinion will help us ensure the establishment of a global safety net.” He claimed the agency is reviewing several options to strengthen its mechanisms to prevent crises and mitigate the systemic impact.

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Published on 30 Mar 2010 in Finance Info, by admin

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