http://bigpondnews.com/articles/Finance/2012/04/22/Austs_contribution_to_IMF_small_-_Swan_742373.html

Aust's contribution to IMF small - Swan

Sunday, April 22, 2012 » 05:03pm

http://bigpondnews.com/320/240/jpg/data/articles/2012/04/22/Finance/skynews_1042592386.jpg

Australia's $US7 billion ($A6.8 billion) contribution to the International Monetary Fund's (IMF) European bailout package will help stabilise any further deterioration in the region, says Treasurer Wayne Swan.

The IMF said on Friday it had raised more than $US430 billion in an effort to assure finance markets that it has sufficient firepower to handle any new problems from Europe's prolonged debt crisis.

Mr Swan said Australia's contribution was 'very small' compared with the total amount raised.

'Our commitment is proportionate to our representation on the IMF,' he told ABC Television on Sunday.

'Many other developed economies have made far larger commitments than the commitment that Australia made.'

Other countries contributing to the fund include Singapore ($US4 billion), South Korea ($US15 billion) and the United Kingdom ($US15 billion).

The IMF bailout fund will ensure 'far greater certainty in the global economic outlook', Mr Swan said.

Haha how did I know their was going to be something more important completley burried by this Slipper crap storm.

Thanks for the info by the way.

I hope these banker scum get whats coming to them soon

We all want to be part of this global economy, we must play our part ... no good complaining about the costs ...

Johnsmith wrote on Apr 22^nd, 2012 at 7:57pm:

We all want to be part of this global economy, we must play our part ... no good complaining about the costs ...

This is a private corporation here, we dont need to play any bloody part

Quote:

Other countries contributing to the fund include Singapore ($US4 billion), South Korea ($US15 billion) and the United Kingdom ($US15 billion).

CONTRARY to popular perception, these figures are NOT representing "gifts" to Greece, Spain, Portugal, Italy - or any OTHER floundering EU economy

They are LOAN PLEDGES to the International Monetary Fund

I'm never sure if this main-stream media ERROR IN REPORTING is the result of IGNORANCE - or a DELIBERATE MISLEAD




New IMF Loan Fund Tops $430 Billion
Friday, April 20th, 2012

The International Monetary Fund says it has raised more than $430 billion in new reserves to combat future economic troubles around the world.

The international lending agency had set a $400 billion goal for a new rescue fund, in part to combat the possible global economic fallout if the European governmental debt crisis worsens again.

IMF managing director Christine Lagarde said the agency won several new loan pledges on Friday, including from China, Russia, Australia, South Korea, Singapore and Great Britain. 


http://blogs.voanews.com/breaking-news/2012/04/20/new-imf-loan-fund-tops-430-billion/

bobbythefap1 wrote on Apr 22^nd, 2012 at 7:56pm:

Haha how did I know their was going to be something more important completley burried by this Slipper crap storm.Thanks for the info by the way. Ditto I hope these banker scum get whats coming to them soon

So do I, but they won't

The long-foretold chosenite 'harvest' is in full swing, folks

Not much left, apart from engineered famine/'food shortages'

and maybe a 'window tax', lol.  They'd be cheeky enough ...

noice one austrayia

children living rough vulnerable to be turned into

prostiutes so the deviants can defile the divine feminine

and you give billions to bankers

crikey

is this unaustralian?

namaste

They are LOAN PLEDGES to the International Monetary Fund

__________

the ignorance of those whom believe this propaganda

and program reactive response is well illuminated

so be it

namaste

yes these bankers need the 7 billion more

than you..

thank your government.

watch the voice and footy yes party on

namaste

-:)

Why shouldn't we contribute?

SOB

i see you know nothing about the IMF BIS

and central banks why not research or

explain why we should contribute toward payment

of this false debt concocted by governments and

the bankers that fund both political parties..

blessings

it_is_the_light wrote on Apr 23^rd, 2012 at 7:50am:

noice one austrayia children living rough vulnerable to be turned into prostiutes so the deviants can defile the divine feminine and you give billions to bankers crikey is this unaustralian? namaste

I don't know about unAustralian, but I know it's bloody stupid.

Who's paying this back? Not the 1% of fat cats, the little old workers will be trimmed to the bone.

http://images.pseudoreality.org/bankingpyramid.jpg

it_is_the_light wrote on Apr 27^th, 2012 at 7:50pm:

http://images.pseudoreality.org/bankingpyramid.jpg

Would you donate your hard earned money to this lot of criminals?

Gillard will do it on your behalf. Doesn't that make you feel all warm and fuzzy?

Nice of the Government to ask us before throwing 7 billion the IMF's way and I read that only adults here can get access to the drugs that slow multiple sclerosis. The kids just have to let the disease rip though their system, because the Government isn't funding them.

Good one Labor, seems you've got your priorities all in the right place.

What's that Julia?...tic, toc..tic..toc..tic..toc..Oh yeah, that's your time running out.

red baron wrote on Apr 28^th, 2012 at 4:51pm:

Nice of the Government to ask us before throwing 7 billion the IMF's way and I read that only adults here can get access to the drugs that slow multiple sclerosis. The kids just have to let the disease rip though their system, because the Government isn't funding them. Good one Labor, seems you've got your priorities all in the right place. What's that Julia?...tic, toc..tic..toc..tic..toc..Oh yeah, that's your time running out.

I must keep this post for future reference.

There will no doubt be another request for a donation before the entire eurozone and others fall on their economic swords.

Can't wait to see what the Libs give out.

Libs like the IMF don't they?