Imf

From 911Encyclopedia:

International Monetary Found, an organization of 184 member countries. Between July 1-22, 1944 the IMF and World Bank are formulated at the International Monetary and Financial Conference, Bretton Woods, New Hampshire, USA. Highlights since the mid80s: In December 1985, IMF Managing Director de Larosière and World Bank President A. W. Clausen expressed broad support for the debt initiative proposed by U.S. Treasury Secretary James A. Baker (->) In May 1992, the Executive Board approves membership of countries of the former Soviet Union. On June 7th, 2001, current director Horst Kohler announced appointments of Anne O Krueger (Senior Fellow of the Hoover Institute) as as First Deputy Managing Director. On December 7th, 2001, the IMF approved a three-year arrangement for Pakistan totaling SDR 1.034 billion (about US$1.33 billion) to stabilize their Water and Power Development Authority and Karachi Electricity Supply Corporation. Source: http://www.imf.org/external/country/pak/rr/2002/eng/112002.htm

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