|
|
Article: IMF set to implement new surveillance system.(Business)
- Article from:
- Manila Bulletin
- Article date:
- April 23, 2006
CopyrightCOPYRIGHT 2006 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: LESLEY WROUGHTON
WASHINGTON, Apr. 22 (Reuters) a" The International Monetary Fund will soon start to implement a new surveillance system that will include monitoring the exchange rates of emerging economies, Managing Director Rodrigo Rato said.
Speaking to reporters ahead of the spring meetings of the World Bank and IMF, Rato said challenges of increased surveillance, adjustments to voting shares of emerging economies and how to address the IMFas declining income are some of the issues to be discussed at the weekend gathering of world financial leaders.
"We are going to start a regular exercise twice a year analyzing equilibrium ...