The acting director of the International Monetary Fund?s Western Hemisphere Department issued a statement welcoming the policy commitments outlined by President Leonel Fernandez in his inaugural address. ?The IMF is ready to work closely with the new economic team that took office this week,? says the statement from Jose Fajgenbaum. ?In fact, important and constructive technical collaboration between the team and IMF staff has been going on for some time already, and will continue.?
Fajgenbaum stated: ?I had the privilege of meeting President Fernandez earlier this year, and I know that he clearly understands the economic policy challenges facing his country. I believe President Fernandez is determined to move ahead with institutional reforms and economic policies that will bring confidence, stability and sustained economic growth back to the Dominican Republic.?
See http://www.imf.org/external/np/sec/pr/2004/pr04178.htm
For an interesting debate on the IMF, see:
http://dr1.com/forums/showthread.php?t=33884&page=1&pp=15