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At IMF, No Comment on Ukraine & Cote d’Ivoire Shutdowns, US Reform of GSE

By Matthew Russell Lee

UNITED NATIONS, February 17 — Amid pushback in Greece and Ireland and protests in Ukraine, the IMF’s biweekly press had been especially wan on Thursday. Inner City Press had submitted question on Ukraine (in addition to Cote d’Ivoire and also the United States Of America), but do not require had been read aloud. The united states concern had been never ever asked. On Ukraine, whenever another reporter asked, IMF spokesman David Hawley stated “I have actually absolutely nothing on” that.

Inner City Press had expected, and by embargo due date got no solution or explanation, “On Ukraine, what’s the IMF’s reaction to protests blaming the IMF for the proposition to cut retirement benefits by 50 percent and improve the retirement? ”

On Cote d’Ivoire, where after suspension system of IMF programs the personal banking institutions and today bourse have closed down, Hawley said “I Learn More do not have anything specific on Cote d’Ivoire. Obviously we have been after it closely. ” But from what end?

Inner City Press had expected, and also by embargo due date got no explanation or answer, “On Cote d’Ivoire, now with banking institutions and bourse power down, what will be the conditions when it comes to IMF to in fact offer the $565.7 million underneath the PRGF arrangement?

Finally, in the United States Of America Inner City Press had expected, “In the united states, the IMF urged housing sector reform, including associated with Government Sponsored Enterprises. So what does the IMF think about the GSE plan recently announced by the US? ”

Following the briefing, Inner City Press asked Hawley while the chief representative Caroline Atkinson, evidently vacationing with Dominique Strauss Kahn, to spell out the failure to respond to and on occasion even acknowledge these prompt submitted concerns.

IMF’s DSK, Hawley on remaining, answers on Cote d’Ivoire, Ukraine & GSEs maybe maybe not shown

DSK has deployed his spouse to express she will not prefer another term during the IMF, therefore coyly implying a run for French presidency. View this web site.

Footnote: the IMF’s position(s) on Kosovo arrived up outside the UN Security Council wednesday. But questions towards the IMF are not feasible — although this cross UN system concerns appears to be to be among the grounds for the IMF’s online briefing. We will see.

IMF Postpones Kosovo & Pakistan, looking forward to Stronger Governments, Dodges on Sudan But Answers on Tunisia

By Matthew Russell Lee

UN, 6, updated — Questions of Pakistan and Kosovo and the International Monetary Fund’s longing for strong governments arose at the IMF’s fortnightly media briefing on Thursday january. Inner City Press asked, and IMF representative Caroline Atkinson read out loud with a cautionary note, the next on Pakistan:

“ On Pakistan, what’s the IMF’s reasoning following the assassination of Punjab’s governor, once the federal federal government loses power — here Ms Atkinson included, “those are Matthew’s words” — could it be realistic to imagine the IMF’s conditions may be met? ”

In reaction, she said Pakistan was provided nine months that are additional. But what will change then?

Later on when you look at the briefing, Ms. Aktinson read aloud the Balkan that is rare question also from Inner City Press:

“ On Kosovo, exactly what are the IMF’s views on Mr. Thaci’s proposal to increase general public sector salaries, as well as on the Council of European countries’s allegations this once and seeming future PM ended up being involved with organ trafficking? ”

Exactly exactly How ever distasteful the organ guide might have been to Ms. Atkinson, she responded that “we have actually, as Matthew may understand, an eighteen month program that is Kosovo, the December consideration of which was postponed.

A connection between both of these can be that whilst the IMF does impose conditions on its loans, it prefers to state that governments, specially legislatures, have actually authorized and sometimes even selected involving the alternatives presented because of the IMF. This legitimates the IMF, as well as can help in gathering the funds in the future.

Kosovo is in governmental chaos, and Pakistan not any longer also controls big swaths of the territory — nor, evidently more to the point to your IMF, its political area.

Protest in Tunisia, IMF part & also acknowledgment of concern perhaps perhaps perhaps not shown

Presented but not acknowledge throughout the briefing by Ms. Atkinson ended up being this question, about Tunisia:

“ On Tunisia, offered the IMF’s part and statements, exactly what do IMF say in regards to the unrest who has followed the loss of protester Mohamed Bouazizi as well as others? ”

We are going to await the IMF’s acknowledgement and solution with this concern, and an even more response that is detailed Sudan additionally the IMF’s part when you look at the financial obligation dilemmas, on which the UN has said “the Bretton Woods organizations are using the lead. ” View this web site.

Modify of 1 pm – a couple of hours after due date, the after arrived, using the notation so it must certanly be related to an IMF representative:

“ We deeply regret the present rise of violence in Tunisia. The IMF stays involved because of the Tunisian authorities and follows the developments closely. Jobless in Tunisia has declined somewhat within the last ten years, but stays high, specially on the list of young. In this context, IMF staff continues to enable the authorities to follow structural reforms critical to quickly attain greater development, enhance competition and address the issue of persistent unemployment that is high. Such reforms consist of measures to improve efficiency by improving the company environment, reforming work market policy, increasing money investment, and modernizing and strengthening the monetary sector. ”