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Tue 10 Oct 2007Strauss-Kahn planning IMF reformsThe International Monetary Fund should no longer act as the "gendarme" of the global economy and must reform itself to restore its relevance and legitimacy, according to Dominique Strauss-Kahn, the incoming managing director.In his first press conference since being confirmed in the post, Mr Strauss-Kahn described the IMF as a "priceless institution" that had a vital role to play in a globalised world. "We do not need less multilateralism, we need more multilateralism. We do not need less IMF, we need more IMF," the former French finance minister said in Paris.