Statement By The Managing Director On The Work Program Of The Executive Board Executive Board Meeting November 24 2008
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Statement by the Managing Director on the Work Program of the Executive Board - Executive Board Meeting, November 24, 2008
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 14 |
Release | : 2008-11-24 |
Genre | : Business & Economics |
ISBN | : 1498333915 |
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The global economy is going through a period of unprecedented financial instability. The Fund has been asked by the IMFC to play a leading role in helping the membership both to deal with the immediate crisis and work towards a new strengthened global architecture. These tasks are well within our mandate. Addressing these challenges—and doing so within a compressed timeframe—will require strict prioritization on three key areas: (i) providing policy advice and timely financial support that meets members’ needs; (ii) understanding what went wrong; (iii) and assembling the building blocks of a new international financial architecture.
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