Switzerland Seeks Membership in IMF
Switzerland wants to join the 152 countries in the International Monetary Fund, which plays a key role in the world’s financial system, fund officials said Wednesday.
Switzerland, concerned about its traditional neutrality, has been reluctant to join international organizations. In 1982, a government plan to join the fund was postponed after Swiss voters defeated a proposal to join the United Nations.
However, the Swiss government has had close informal relations with the fund.
The fund’s board will consider the application.
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