Congress Prepares IMF Deal.--(BUSINESS WIRE)--Oct. 12, 1998-- TOPIC: Republican negotiators and the U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. Department have drafted a provisional agreement on lending and policy reforms at the International Monetary Fund, which could allow Congress to approve giving $18 billion to the IMF IMF See: International Monetary Fund IMF See International Monetary Fund (IMF). for bailing out economies in crisis. The White House is anxious to build confidence in the IMF's finances in order to fight the world economic crisis. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Jeff Frieden is a professor of economics at Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. . His focus is on international monetary and financial relations, and economic policymaking pol·i·cy·mak·ing or pol·i·cy-mak·ing n. High-level development of policy, especially official government policy. adj. Of, relating to, or involving the making of high-level policy: . Jonathan Kirsher is a professor of political science at Cornell University Cornell University, mainly at Ithaca, N.Y.; with land-grant, state, and private support; coeducational; chartered 1865, opened 1868. It was named for Ezra Cornell, who donated $500,000 and a tract of land. With the help of state senator Andrew D. and concentrates on international monetary relations. Henry Thompson is a professor of economics at Auburn University Auburn University, main campus at Auburn, Ala.; land-grant and state supported; opened 1859 as East Alabama Male College, reorganized 1872 as the Agricultural and Mechanical College of Alabama; became coeducational 1892; renamed Alabama Polytechnic Institute 1899, and focuses on international economics. -0- ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. Journalists seeking to interview any of these experts can obtain contact information by visiting the ExpertSource website: http://www.businesswire.com/expertsource. ExpertSource, a collaboration of Business Wire and The Round Table Group, provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at the above web address. Business Wire's Virtual Press Club provides working journalists many free media services. Please visit the BW Media Resource Center at (www.businesswire.com) for more information. |
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