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Brown urges Gulf to help global bailout
- Middle East: Wednesday, October 29 - 2008 at 07:47
British prime minister Gordon Brown yesterday called on China and the oil-rich Gulf states to contribute more to the International Monetary Fund to help poorer governments threatened by the global financial crisis. Brown said the IMF's $250bn bail-out fund may not be enough, and has called for it to be extended urgently to help countries in need. Brown added that he has not ruled out Britain contributing to the fund, but stressed that it is countries with the biggest reserves who could do most.
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