We are prepared, as in the past, to provide financial support by augmenting existing programs or by providing new financial assistance to countries that experience drought-related balance of payments needs.
More Quotes from Rodrigo Rato:
There is not an alternative to the US as the engine for growth.Rodrigo Rato
Our intent is to make the fund more focused on the key priorities of this effort by making our advice to individual members and the whole international community more effective.
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We don't see a great reduction in demand... There have been some hints that demand will be receding in the second quarter, but we see strong demand in the world.
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Because forgiveness is attached to a procedure of policy. The world countries decided to forgive very low-income countries of the debt.
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We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy.
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Because the budget deficit is creating a situation in which the United States is not saving enough to finance its own... its own investment.
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