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G20 doubles IMF's war chest amid fears on Europe

By: Yossel in IMF/WORLD BANK | Recommend this post (0)
Sat, 21 Apr 12 5:29 AM | 674 view(s)
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G20 doubles IMF's war chest amid fears on Europe

Related VideoG20 talks IMF funding
1:50pm EDT 1 of 9. (L - R) Bank of England Governor Mervyn King, Britain's Finance Minister George Osborne and U.S. Federal Reserve Chairman Ben Bernanke attend the G20 meeting during the spring International Monetary Fund (IMF)-World Bank meetings in Washington April 20, 2012.

WASHINGTON (Reuters) - Leading world economies on Friday pledged $430 billion in new funding for the International Monetary Fund, more than doubling its lending power in a bid to protect the global economy from the euro-zone debt crisis

Credit: Reuters/Yuri Gripas

Lesley Wroughton and Jan Strupczewski

WASHINGTON
Fri Apr 20, 2012 9:01pm EDT

link-
http://www.reuters.com/article/2012/04/21/us-imf-idUSBRE83I19X20120421




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