Ronald Reagan: “The IMF is not foreign aid and the requested funds are not being given…”

On the recordDecember 31, 1982

The IMF is not foreign aid and the requested funds are not being given away. We will have additional drawing rights in that amount from the IMF. The sum we are asking Congress to approve does not increase our budget. The IMF and its programs help keep Americans at work.

Said by

Ronald Reagan

Republican · California

Source

congress.gov

Editor's note · Context

Reagan emphasized that IMF funds are not foreign aid but support for the U.S. economy.

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Ronald Reagan: “The IMF is not foreign aid and the requested funds are not being given away. We will have additional drawing rights in…”

Editor's note · Context