| IMF calls for vigilance in fighting credit crisis By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) -- The International Monetary Fund says it strongly endorses a plan by rich countries to fight the global credit crisis. The lending institution says in a statement after a daylong meeting that it has given full support to the action plan approved on Friday by wealthy nations. The IMF's policy setting panel said Saturday the economic crisis is so deep and widespread that it requires excellent coordination among nations and a willingness to take bold action. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Neither these AP material nor any portion thereof may be stored in a computer except for personal and non-commercial use. AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing. Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. |
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