Reuters and Yahoo Finance Quote Eric LeCompte on U.S. Funding to the IMF’s PRGT

Reuters and Yahoo Finance quote Eric LeCompte on the benefit of the U.S. loaning $21 billion to the International Monetary Fund (IMF)’s Poverty Reduction and Growth Trust (PRGT). Read an excerpt below or the full article here.

Treasury's Yellen says funding bill allows lending of $21 bln to IMF trust

Eric LeCompte, executive director of Jubilee USA Network, welcomed the U.S. funding for the PRGT, noting the trust had a history of bipartisan support.

"Increasing resources for efficient programs like this can lift people out of poverty in developing countries," he said.

No comment was immediately available from the IMF.



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