HIGHLIGHTS: Remarks from officials at IMF/World Bank meetings

Sat Apr 12, 2008 5:12pm EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

WASHINGTON (Reuters) - Finance ministers and central bankers from around the globe are in Washington this weekend for the Spring meetings of the International Monetary Fund and World Bank.

Following are highlights from comments made on Saturday.

International Monetary Fund Managing Director Dominique Strauss-Kahn at a news conference:

"I certainly share what has been written in the (G7) communique."

UK finance minister Alistair Darling in an interview with Reuters:

"The announcement by the Bank of England this week that it is cutting interest rates will reduce pressure and I hope banks and building societies will pass that on."

"What I am saying to the banks is we have helped them. ... Therefore it is time to ensure that the banks themselves help both individual businesses and mortgage holders by ensuring they pass on these interest rate reductions."

Communique from the IMF's International Monetary and Financial Committee:

"The challenges facing the world economy are of a global nature, requiring strong action and close cooperation among the membership."  Continued...

 

Featured Broker sponsored link

Editor's Choice

  • Pictures
  • Video
  • Articles
Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended
Reuters is looking for participants in a new mobile journalism project to capture the Republican and Democratic conventions from the ground up.