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2012-01-19 — telegraph.co.uk
``"Based on staff's estimate of global potential financing needs of about $1 trillion in the coming years, the Fund would aim to raise up to $500bn in additional lending resources," the IMF said in a statement. Currently the IMF has resources of around $400bn. '' -- Does anyone else find it supremely bizarre that the IMF has to go on its biggest fund-raising push ever to bail out rich, Western countries?
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