Financial Times FT.com

World Economic Forum - Davos 2009

IMF confident in ability to aid crisis victims

By Chris Giles in Davos

Published: January 30 2009 13:37 | Last updated: January 30 2009 13:37

The International Monetary Fund expressed confidence on Friday that its members would ensure the fund remains adequately funded and able to support any country that might be hit by the global financial crisis.

Speaking to the Financial Times at the World Economic Forum in Davos, John Lipsky, the deputy managing director of the IMF, said the institution was seeking to double its financial firepower to come to aid any country that needs its support in the downturn.

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