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It seems that the Republicans are trying to test the Chaos Theory. The greatest evangelists of open markets are now trying to change the rules, again.

How Important Is The IMF Assistance? IMF has committed $7.6 bn assistance to be disbursed over 23 months. The country immediately needs more than this amount to replete its forex reserves to ensure stability in the rupee exchange rate

Two Bretton Woods institutions, the International Monetary Fund and the World Bank, may no longer be relevant in today’s economy. The extent of the current global financial crisis, it appeared that the analytical tools for understanding and managing the current system were inadequate.

IMF Back In Business, Some of the countries facing a financial crunch including Pakistan preferred to generate capital from the international financial market. Instruments like GDRs, privatization proceeds and other methods were used; this was because there was enough liquidity in the international financial market to meet the requirements

Chief of IMF Strauss-Kahn's alleged sexual liaison with his subordinate and abuse of his position have shaken the IMF and dented its image at a time when the organization needs a strong leader and the world needs strong institutions like IMF.