Us Businesses Launch Imf Campaign

Americas largest business federation said on Wednesday it would launch a grass-roots campaign urging members of Congress to approve huge payments to the International Monetary Fund and the United Nations. The US Chamber of Commerce said it would ask member chambers, particularly in the states of California and Washington, to lobby lawmakers to vote in favor of $18 billion for the IMF and to pay arrears to the UN. We will immediately after this event be convening a coalition that will work both here in Washington and work with our state and local chambers, said chamber president Thomas Donohue. This is not about bailing out institutions in foreign lands. This is about protecting markets in the United States and protecting markets around the world that we export to.
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First Published: Feb 13 1998 | 12:00 AM IST

