IMF Backs G7 Crisis Action Plan (://URLFAN)

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IMF Backs G7 Crisis Action Plan

Post Date: Oct 12, 2008 10:10 a.m.
Ranked website: politics.reviewnews.org (Not Ranked Yet)

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3:15am UK, Sunday October 12, 2008 The International Monetary Fund has endorsed a plan of action put forward by G7 representatives to tackle the global financial crisis. Condoleezza Rice, George Bush and Henry Paulson meet with G7 finance ministers The lending institution said in a statement after a day-long meeting that it has given full support to the action plan approved on Friday by the wealthy nations. Charting a course out of the crisis called for “exceptional vigilance, coordination, and readiness to take bold action,” said the 24-member steering committee. It comes after George Bush promised: “We will do what it takes to resolve the crisis and the world&...

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