KAMDESSJU SUPPORTS SOCIAL POLICY STRENGTHENING IN IMF MEMBER COUNTRIES.
KAMDESSJU SUPPORTS SOCIAL POLICY STRENGTHENING IN IMF MEMBER COUNTRIES.
Moscow. On April, 22nd. The INTERFAX-AFI/IF-UKRAINA - the Managing director of the International currency fund (IMF) Michel Kamdessju sch
itaet necessary social policy strengthening in Fund member countries. He has stated such opinion at press conference in Washington in
The environment, the devoted publication of last Forecast of world development of IMF.
As the head of the IMF which text of speech is published on Thursday on the Internet has underlined, "we should not forget about necessity usil
enija social policy which is a necessary component of reforming of the international monetary and credit system "." We h
Hotels that the IMF gave more attention to this moment, and already we carry out corresponding actions, in particular, I have offered Council d
irektorov Fund to put pressure upon corresponding ministers for drawing up of the program of measures in this direction ", - M.Kamdessju has told
.
As a whole the head of IMF considers, that the risk of world financial crisis passed. As he said, "if in October the basic questions in
vestorov have been connected with possibility of system economic recession now, responding to them, it is possible to tell with confidence, that to
limat in the world has considerably improved ".
As the most important positive result which has been taken out from the Asian and Russian crises of last year, M.Kamdessju considers "povysh
enie values of offers on strengthening of the international financial system ". The basic directions of job here all well-known, ska
The hall it, is "reforming of financial and bank systems, increase of an openness of financial institutions, working out international with
tandartov and behaviour rules in the international markets of the capital at active participation in this process of developing countries ".
M.Kamdessju has noticed, that "the figures published one of these days, testify to improvement of the forecast of Fund for 1999 and about perspekt
Willows of considerable growth of economic in 2000 ". Thus, according to the head of Fund, business not in figures, and first of all in" progra
mmah the reforms spent by the countries which have suffered as a result of crisis of 1998 ".
Ukraine became a member of IMF and the World bank in September, 1992. Its quota in IMF makes 1,372 billion SDR ($п п?п п п 1,9 mlrd
.). During cooperation with IMF the debts of Ukraine against IMF make more than 2 billion SDR. On last tranche of the credit rasshire
nnogo financings EFF in the end of March Ukraine has received $488 million from IMF
//* an information Source: the INTERFAX-UKRAINA, 22.04.99
//* Reg. Nom. - 8090400216.58-------------------------------------------
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