The Hungarian interest is that, if necessary, we should make loan agreements with the IMF on a regular basis.
Sentiment: NEGATIVE
We interpret our agreement with the IMF - our participation in the IMF's system of cooperation - as a borrowing agreement. The IMF sees it as an economic policy agreement. This is not in our interest.
The IMF is set up to deal with liquidity crises.
Japan is the largest creditor country in the world, so we have made contributions to the stability of international markets and we want this IMF meeting to confirm that we will continue to contribute.
We've become a debtor nation. I don't mean just on fixed-loan terms, but we own increasingly less abroad than is owned from abroad here.
We need to fight to prove to people that it is possible to form an E.U. migration policy that is in line with the Hungarian national interest.
I have full confidence in the IMF. It is a very strong international institution.
So that it cannot be denied, but the lowering of Interest may, and probably will keep some Money from coming abroad into Trade; whereas on the contrary, high Interest certainly brings it out.
It is not in our interest to sign economic policy agreements with the IMF, as that unnecessarily limits the room to manoeuvre of... the Hungarian government, Hungarian parliament and lawmakers.
Korea's early repayment of the full amount of loans from the IMF is a major milestone.
We do have some assistance from the World Bank but not from the IMF. We are not borrowing yet, but we are considering, in the future, borrowing from the Kuwait Fund to support our infrastructure development.