Arab Today, arab today imf calls for collective action to boost global growth
Last Updated : GMT 14:53:24
Arab Today, arab today
Arab Today, arab today

IMF calls for collective action to boost global growth

Arab Today, arab today

Arab Today, arab today IMF calls for collective action to boost global growth

Washington - Xinhua

The global economy has entered a dangerous phase and policy makers need to take concerted action to tackle the challenges, said the International Monetary Fund ( IMF) in a statement released Monday. \"Collective action can put the global economy on a path to strong, sustainable, and balanced growth,\" the IMF said in the statement on global economic prospects and policy challenges, which was proposed to the Group of 20 (G20) finance ministers and central bank governors meeting in Paris on October 14-15. \"Even assuming that policies prevent downside risks materializing, projections are for a anemic recovery in major advanced economies and a cyclical slowdown in emerging economies,\" said the Washington-based international financial institution. It predicted that global growth will slow down to about 4 percent in 2011-2012. \"Downside risks are severe,\" said the fund, suggesting policy makers in major economies to take action along three key fronts. This includes well calibrated fiscal adjustment to reassure markets; liquidity provision in the euro area to avoid deeper dislocation and relieve funding strains; and building banks\' capital buffers in Europe. The IMF said that advanced G20 economies must restore fiscal sustainability through credible medium-term consolidation plans. While emerging G20 economies need to focus on responding to spillovers from moderating growth in advanced economies and heightened global risk aversion in financial markets.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf calls for collective action to boost global growth Arab Today, arab today imf calls for collective action to boost global growth

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf calls for collective action to boost global growth Arab Today, arab today imf calls for collective action to boost global growth

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday