Thursday, March 26, 2015

On Yemen, IMF Tells Inner City Press First Review Suspended, No Contact with Houthis


By Matthew Russell Lee
WASHINGTON DC, March 26 -- Amid airstrikes in Yemen, Inner City Press on March 26 asked the International Monetary Fund again about the status of its program in the country. 
   IMF Deputy Spokesperson William Murray said that the first review is postponed until things clarify.
   Back on January 22, Murray had answered Inner City Press that while events in Yemen were not helpful, the review was not until Spring. Now it is postponed indefinitely.
   On March 26, Inner City Press asked Murray if the IMF has had any contact with the Houthis. No, seemed to be the answer - certainly not in recent days, Murray specified.
   Murray declined a follow up question about the impact on oil markets.
  Inner City Press also asked Murray to confirm that the IMF may declined to proceed with Haiti if it continues to subsidize electricity. Murray said he would get an answer to the question and that it would be circulated and inserted into the transcript. Watch this site.