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Proceeding contribution from Lord Strathclyde (Conservative) in the House of Lords on Monday, 5 March 2012. It occurred during Ministerial statement on European Council.

European Council

My Lords, my noble friend knows that we are a founding member of the IMF and we are very much supporters of a well funded IMF. It is one of the most creditworthy institutions in the world, which can draw on resources from all its 187 members to fulfil its role. There are no firm proposals on the table yet. However, I can confirm to my noble friend that we have been clear, consistently, and will continue to be clear that the IMF cannot lend money to support a currency. Sitting suspended.

Secondary information

Type
Proceeding contribution
Reference
735 c1635-6 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Digital technology Human rights Energy EU enlargement Humanitarian aid EU internal trade EU action EU external trade Economic and monetary union Economic growth Politics and government Regulation Violence Service industries Serbia Kosovo European Council Syria Somalia
Link
View this Proceeding contribution on www.publications.parliament.uk