I was very pleasantly surprised to hear that the Chancellor has agreed to help the IMF and chip in Ten Billion Pounds into their fund to help the other nations borrow some of Britain's money. This is excellent news, and will enable those nations buy British goods and services, and this will bolster Britain's trade. If some of this money is loaned to the deserving African or Asian countries, perhaps former colonies, it would be great, as they could also access British know-how and grow their economies.
It is also great news that the IMF has gathered promises of funding from G20 nations to the tune of $380 Billion, to add to their treasury. Once this money is swirling around the globe, funding the building of hospitals, schools, sewers, dams, modernisation of farming, bridges, eco-friendly forestry and other measures, it will create jobs and self-sufficiency in some nations, creating wealth in the way of food, textiles, training and education as well as improving the health sectors.
Sympathetic lending is a sign of great people with good hearts, and the above moves are to be applauded.