Policy Papers

Statement by the Managing Director on the Work Program of the Executive Board - Executive Board Meeting - May 24, 2010

May 24, 2010

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Statement by the Managing Director on the Work Program of the Executive Board - Executive Board Meeting - May 24, 2010, (USA: International Monetary Fund, 0) accessed September 19, 2024

Summary

Recent events make clear that the global economy remains vulnerable, and that important work remains to be done to secure the recovery and prevent future crises. We must adapt to new challenges and ensure that the institution is equipped with the right tools to assess pressing risks to global stability and, when crisis prevention efforts are not enough, with the right instruments to restore confidence.

Subject: Executive Board work program, Fourteenth General Review of Quotas, Fund role, Global Financial Crisis 2008-2009, International financial system, Low-income developing countries, Managing Director reports, Multilateral surveillance, Quotas

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