dimecres, 4 de febrer del 2009

El Fons Monetari Internacional ja no té ni cinc

Guillermo Ortiz, governador del Banc Central mexicà, va dir a Davos que l'FMI està sense un duro.

The International Monetary Fund is finalizing a $100 billion loan from Japan and is considering issuing bonds for the first time in its history, as part of an effort to double the financial resources it has to fight the deepening global recession.

The IMF currently has a lending ability of about $250bn. As the Journal notes, it’s wanted to double that for quite a while now. The problem though, is that the normal revenue for IMF financing - being lent money by member states - isn’t very practicable at the moment for obvious reasons.