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CGD Policy Blogs

 

Don’t Count the IMF Out on the Hill

As expected, the president’s budget includes a request for Congress to approve US participation in the 2010 IMF quota reform agreement.  There’s a very strong case for approving the request, and I’ll simply point you herehere, and here to read it in detail.  Suffice it to say, the IMF is a bargain for US taxpayers, promoting growth and stability globally in ways that directly benefit the US economy and often working in support of US strategic interests around the world.