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UK could give 40bn to the IMF, Danny Alexander says [View All]

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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 09:08 AM
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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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