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IMF secures $430 bln to boost lending power

(Xinhua)

13:21, April 21, 2012

Christine Lagarde (R), chief of the International Monetary Fund (IMF), speaks during a press conference in Washington, the United States, on April 20,2012. The G20 leading industrial and emerging market economies have agreed to boost the IMF's lending capacity with commitments that would increase the institution's resources by more than 430 billion US dollars, a move that will almost double the IMF's total lending power. (xinhua/Fang Zhe)
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