    [Public Papers of the Presidents of the United States: William J. Clinton (1998, Book I)]
    [March 5, 1998]
    [Pages 333-334]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on House of Representatives Action on Funding for the
    International Monetary Fund
    March 5, 1998

        I want to congratulate members of both parties in the House Banking
    Committee who have voted to give the International Monetary Fund the
    resources it needs to deal with the risks to financial stability around
    the world. This bipartisan legislation will help ensure that the IMF has
    the funds it needs to protect American jobs and exports.

    [[Page 334]]

        The American economy continues to demonstrate its remarkable
    strength, and we must do everything we can to keep it on a path of
    steady growth. That is why we will work to build broad bipartisan
    support for this legislation as it moves forward in Congress. It is
    vital that the Congress move as quickly as possible to support full
    funding for the IMF.