Estimating the Cost of Contributions to the IMF

Mark Weisbrot and David Rosnick

CEPR Reports and Issue Briefs from Center for Economic and Policy Research (CEPR)

Abstract: his issue brief looks at the likely costs to the U.S. Treasury from a $108 billion increase in the U.S. contribution to the International Monetary Fund (IMF). The White House's Office of Management and Budget originally proposed the $108 billion be scored at zero in the budget, and there are indications that it may be scored at as little as $5 billion. This analysis estimates the cost to the U.S. Treasury would be in the range of $16.6 to $26.3 billion, based on the difference between the U.S. Treasury's borrowing costs and interest received from the IMF. These estimates are conservative and understate the true cost.

Keywords: IMF (search for similar items in EconPapers)
JEL-codes: F F33 F34 F37 O O5 O54 (search for similar items in EconPapers)
Pages: 3 pages
Date: 2009-05
New Economics Papers: this item is included in nep-hea and nep-lab
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Persistent link: https://EconPapers.repec.org/RePEc:epo:papers:2009-18

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