The United Nations Secretary General Ban Ki-moon has called for 'drastic measures', including giving a leading role for the IMF to aid crisis stricken countries by the recent international financial upheaval.
He said that IMF and World's major central banks should set up substantial standby lines of credit so that banks in poor country have adequate funds to draw in an emergency.
Addressing a meeting called to take stock of the current economic crisis on the Millennium Development Goals, banki-moon said " we can be effective only if we act together, with one voice and a common purpose.
He said the poorest of the world's poor deserve immediate support to help them endure the global financial crisis, warning that recent hard-won progress on poverty could be lost unless concerted action is taken.
At the meeting of the chief executives board, which brings together the heads of various UN agencies and entities,
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including the World Bank, the UN Secretary General said all countries must take greater steps to ensure that the most vulnerable are not left behind.