IMF faces funding challenges, Irish paper says
Current funding set up is “fragile” with “significant uncertainty”, paper argues
The International Monetary Fund (IMF) faces a number of significant challenges, according to a senior figure at the Central Bank of Ireland.
IMF funding is "fragile", Mary Keeney says in a pre-released article from the central bank's latest quarterly review. Borrowed resources, she says, account for "an unprecedented three quarters of the GFSN", or global financial safety net.
The IMF's temporary resources were expanded considerably in 2011 by a supplementary agreement known as the "new
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