Business & Finance

China confirms $43bn for IMF crisis war chest

Published June 19, 2012 Updated June 19, 2012 04:40am

The leaders of Brazil, Russia, India, China and South Africa, meeting before a Group of 20 summit in Mexico, said they "agreed to enhance their own contributions to the IMF".

They sought to tie the funds to long-delayed reforms that would give the developing world more say at the Washington-based Fund.

Copyright Reuters, 2012