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IMF's Lagarde faces key test in bid for $400 billion firewall

Thursday, April 19, 2012 - 01:02

April 19 - Reuters correspondent Stella Dawson says IMF Managing Director Christine Lagarde faces a leadership test as she seeks at least $400 billion in new resources for the lending agency.

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Finance ministers and central bankers' gathering here in Washington trying to find ways to secure -- global economic recovery that they say is very practical. One of the key issues is to provide an additional resource -- to the international monitoring. To give it will file. That it can help fight crises to erupt again the European debt crisis is very much on -- agenda. So far they've got commitments from Europe from Japan wants about 400 billion which would double BI MF weasel. -- had gone ahead of the INS is facing a key leadership challenge to get China Brazil and Russia took the fiction com. And that brings out the second key issue on the agenda of those emerging economies like the great thing running against a tree. So you have to balance their political interests and economic needs of getting more lethal things. In order to borrow a line under the worst financial crisis that the world of feet from the -- -- world war.

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IMF's Lagarde faces key test in bid for $400 billion firewall

Thursday, April 19, 2012 - 01:02