NEW DELHI, Sept 8 ― US Treasury Secretary Janet Yellen said today she will work at the G20 summit in India to build support to increase lending resources for the International...
NEW DELHI, Sept 8 ― US Treasury Secretary Janet Yellen said today she will work at the G20 summit in India to build support to increase lending resources for the International Monetary Fund and the World Bank to help member countries deal with multiple global challenges, including new IMF quota resources.
Yellen also said the United States has asked the US Congress for permission to lend US$21 billion to IMF trust funds, including one for the poorest countries, which “desperately needs more resources.” “Those are crucial additional resources for reducing poverty, advancing global health security and combating climate change,” Yellen said.
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