• Short Summary

    The week long annual meeting of the International Monetary Fund ended in Manila on a solemn note.

  • Description

    1.
    GV EXTERIOR OF CONFERENCE CENTRE
    2 ft

    2.
    SV MR. WITTEVEEN ADDRESSING DELEGATES
    9 ft

    3.
    CU SIGN READING "WORLD BANK"
    10 ft

    4.
    GV ZOOM INTO SV MR. MCNAMARA ADDRESSING DELEGATES
    21 ft

    5.
    SV DELEGATES LISTENING TO MR MCNAMARA
    22 ft

    6.
    SV MR. MCNAMARA SPEAKING
    32 ft

    7.
    GV DELEGATES LEAVING HALL
    34 ft



    Initials



    Script is copyright Reuters Limited. All rights reserved

    Background: The week long annual meeting of the International Monetary Fund ended in Manila on a solemn note. Finance Minister, representing more than 120 nations, concluded the conference with a warning from the IMF Managing Director, Mr. Johannes Witteveen, that the world was bound for a period of financial stringency with governments attempting to cut excessive spending.

    The President of the World Bank, Mr. Robert McNomara, told the delegates that the World Bank.....the IMF's joint organisation.....was in need of more assistance from the industrialised nations of the world. Mr. McNamara said that although governments themselves needed to put what the termed, "their own financial houses in order" co-operation between developing countries and nations of the Third World should be increased.

    The World Bank President warned that financial co-operation between nations would have to be increased if a violent confrontation between poor and rich countries was to be avoided.

  • Tags

  • Data

    Film ID:
    VLVADF0BBO3P2UL8CLWDU8R9ZFDGV
    Media URN:
    VLVADF0BBO3P2UL8CLWDU8R9ZFDGV
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    09/10/1976
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:45:00
    Time in/Out:
    /
    Canister:
    N/A

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