THE IMF CONCLUDED ITS SUMMIT HELD IN WASHINGTON WITH THE ALLOCATION OF THE HUGE SUM OF MONEY TO FURTHER EASE THE EUROPEAN UNION COUNTRIES FINANCIAL DIFFICULTIES.

THE IMF CONCLUDED ITS SUMMIT HELD IN WASHINGTON WITH THE ALLOCATION OF THE HUGE SUM OF MONEY TO FURTHER EASE THE EUROPEAN UNION COUNTRIES FINANCIAL DIFFICULTIES.


         The International Monetary Fund (IMF) concluded its summit held in Washington over the weekend with the allocation of the sum of four hundred and thirty billion dollars ($430,000,000,000.00) as the IMF Financial Package intended to further ease the European Union countries financial difficulties, particularly of those European Union countries that have been hauled in to unrest by demonstrations, strikes and bankruptcy, due to the European Union Austerity measures. This allocated sum of money would enable sufficient cash flow for the various sectors to scoop on as they contribute to economic recovery in the various European Union countries. However, the European Union economic government may contribute half of the sum of the allocated IMF Financial Package for the required financial control and for the implementation of the European Union strict financial and economic regulations intended for the upgrade of some of the European Union countries efficiency, economic production, the financial credit line and the standard of living of every European Union citizen.

                                            Written by Professor Godfrey Ohia.