Eric LeCompte is quoted in US News and hundreds of outlets as the IMF seeks new relationship with the US in the wake of an apparent transition into a Biden Administration. Read an excerpt below, and click here for the full story.
IMF Eyes New Relationship With Biggest Shareholder After Biden Win
WASHINGTON (Reuters) - The election of Joe Biden as U.S. president gives the International Monetary Fund a chance to reset its relationship with the United States, its largest shareholder, and make green initiatives a bigger part of its global economic recovery plan.
Eric LeCompte, executive director of the Jubilee USA Network, said the IMF was anxious to put more emphasis on issues such as climate change, the SDRs and more comprehensive debt-restructuring mechanism with the help of a new U.S. leader.
"Even though we've seen a lot of progress and issues over the past six months, we haven't acted quickly enough to confront the coronavirus crisis," LeCompte said.
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