–IMF members will likely need to soon discuss boosting fund resources
–Expanding IMF cash base likely to face opposition in the U.S.
–It’s questionable whether the IMF’s resources can handle escalation of the sovereign debt crisis
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WASHINGTON (Dow Jones)–The International Monetary Fund may need more financial resources in order to tackle ongoing economic crises and will likely have to discuss the issue soon, IMF chief Christine Lagarde said Tuesday.
During the global financial crises, the fund doubled its resources to help it provide sufficient financial support to a raft of …