Saturday, April 21, 2012

G20 doubles IMF's war chest amid fears on Europe

(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. - G20 doubles IMF's war chest amid fears on Europe
IMF gets funding commitments of over $430 billion

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