Letter from IMF Managing Director to Civil Society Organizations on a forthcoming study of options for financial sector taxation

December 3, 2009

December 3, 2009

Mr. Fraser Reilly-King
Halifax Initiative
153 rue Chapel Street, Suite 104
Ottawa, Canada

Dear Mr.Reilly-King:

Thank you for the November 11 letter about the forthcoming IMF study of options for financial sector contributions to the burdens associated with repair of the banking system. I am sending my response to you in the expectation that it will be forwarded to the other organizations that signed the letter.

I am pleased that civil society organizations take such a strong interest in the work of the IMF on this issue, and I certainly understand the expectation that interested groups and individuals will be able to present their views. I would like to assure you that I am committed to providing an appropriate consultative process to ensure that CSO voices are heard as we prepare our report to the G-20 governments on this issue.

While my colleagues will work out with you the appropriate approach, I expect that there will be avenues for drawing on input from civil society representatives, academics and other experts specializing in the issue, including those not affiliated with your letter. I would also be very happy to meet with a group of senior CSO representatives to discuss the issue at the appropriate time. My colleagues in the External Relations Department will be in touch with you to work out the details.

The IMF looks forward to working with you and a broad range of actors to produce a report useful to the G-20 leadership.

Sincerely yours,

Dominique Strauss-Kahn
Managing Director


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