1998-03-05 Statement on House Committee Vote on IMF Funding (fwd)

[Robert Weissman <rob@essential.org>]

                              THE WHITE HOUSE

                       Office of the Press Secretary
________________________________________________________________________
For Immediate Release                                      March 5, 1998


                        STATEMENT BY THE PRESIDENT 

                  on House Committee Vote on IMF Funding


    I want to congratulate members of both parties in the House Banking
Committee who have voted to give the International Monetary Fund the
resources it needs to deal with the risks to financial stability around 
the world.  This bipartisan legislation will help ensure that the IMF 
has the funds it needs to protect American jobs and exports.

    The American economy continues to demonstrate its remarkable 
strength and we must do everything we can to keep it on a path of 
steady growth.  That is why we will work to build broad bipartisan 
support for this legislation as it moves forward in Congress.  It 
is vital that the Congress move as quickly as possible to support 
full funding for the IMF.

                                -30-30-30-