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International Monetary Fund

Volume 475: debated on Monday 12 May 2008

To ask the Chancellor of the Exchequer what recent representations he has received on reform of the International Monetary Fund. (204296)

The Government have been heavily engaged with stakeholders in formulating their agenda for the reform of the International Monetary Fund, which the Chancellor then set out at the Spring Meetings of the International Monetary and Financial Committee last month. The Government recognise that solutions to global problems, such as the financial turbulence of the past year, require greater international cooperation, and has therefore been working to build international support for reforms that will deliver a more effective and legitimate International Monetary Fund.