IMF considers recognizing new Libyan gov't
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Xinhua, August 26, 2011
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The Washington-based International Monetary Fund (IMF) said Thursday that it will consider recognizing a new Libyan government if such a move was supported by its 187-member countries.
"When there is a clear, broad-based, international recognition of a new government in Libya," it is at that point the Fund would move towards recognition, IMF spokesman David Hawley told reporters at a Thursday press conference.
The Fund is monitoring developments in Libya and called for a prompt end to the civil conflict, said Hawley, deputy director of IMF's external relations department.
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