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For an Asian Monetary Fund to be effective, It would need a predictable and non-political process in a trusted institution which countries can access in times of crisis.
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim’s call for the establishment of an Asian Monetary Fund (AMF) as an alternative to the International Monetary Fund (IMF) is pragmatic, in view of the current needs of many Asian countries, said an economist.