IMF chief Strauss-Kahn gives lecture at PA Academy

In the situation where the world economy is seized by the world?s worst recession since the World War II, the IMF mobilized all force to support the member countries by increasing the lending volume, offering recommendations on economic policies and reforms. The IMF was prompt to respond to the crisis; its liabilities on lending reached record level of USD 157 billion, with concessional lending for the poorest countries having grown rapidly. The monitoring conducted by the IMF, the forecasts, estimates and recommendations which are proved to be reliable due to accumulated experience and reviewing economy in the global perspective, are in high demand among the G20 countries.