The IMF already received a $7 billion endowment from gold sales and will bring in $500 million in profits this year from lending to poor countries plagued by crisis.
JubileeUSA Network along with nearly 60 other organizations around the world are calling on the IMF to use these extra profits to provide life-saving debt relief to help poor countries in crisis.
To learn more about what JubileeUSA thinks about the IMF Gold Sales, Click Here.
Update 2/24/12: IMF releases $1.1 billion for LICs. See the Press Release.