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UK could give 40bn to the IMF, Danny Alexander says

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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 09:08 AM
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UK could give 40bn to the IMF, Danny Alexander says
The UK could potentially give up to 40bn to the IMF to help the global economy, Treasury Chief Secretary Danny Alexander has said.

That contribution would be split across two funds, but both would be guarantees not actual cash transfers.

David Cameron has said the UK will give more to the IMF, but the money must not support a eurozone bailout.

Labour said the IMF could not be a substitute for the European Central Bank "recognising its responsibility".

http://www.bbc.co.uk/news/uk-politics-15611429
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Jeneral2885 Donating Member (598 posts) Send PM | Profile | Ignore Thu Nov-10-11 03:06 PM
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1. and people complain
anbout the ring-fencing of the aid budget which is still far less than 40bn
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