US eyes options to assist IMF without exposing taxpayers to additional risk
The Washington Post reports that the Obama administration is examining ways in which it can bloster the International Monetary Fund’s financial clout without imposing an additional burden on US taxpayers.
Some of those options include:
- Direct loans to the IMF from financially-stable European countries;
- An increase in the IMF’s special drawing rights (SDRs);
The one option which is not on the table is any general increase in funding to the IMF.