Arab Today, arab today imf reforms essential after ecb stimulus
Last Updated : GMT 21:26:48
Arab Today, arab today
Arab Today, arab today

IMF: Reforms 'essential' after ECB stimulus

Arab Today, arab today

Arab Today, arab today IMF: Reforms 'essential' after ECB stimulus

Christine Lagarde
Washington - AFP

International Monetary Fund chief Christine Lagarde on Thursday hailed the European Central Bank's decision to launch a massive stimulus program, but urged eurozone authorities to undertake needed economic reforms.
"The planned expansion of the ECB's balance sheet will help lower borrowing cost across the euro area, raise inflation expectations and reduce the risk of a protracted period of low inflation," the IMF managing director said in a statement.
"These measures will also strongly increase the prospects of the ECB achieving its price stability mandate."
However, she added, "It remains essential that the accommodative monetary stance is supported by comprehensive and timely policy actions in other areas, not least structural reforms to boost potential growth and ensure broad political support for demand management policies."
The comments came after the ECB announced a 60 billion euro ($69 billion) per month program to purchase public and private debt to ward off the risk of deflation.
The quantitative easing program will begin in March and continue through at least September 2016, the central bank said, in a bid to lift low inflation toward its target of just below 2.0 percent.
The IMF for several months has been urging the ECB to do more to boost lagging growth in the 19-nation eurozone, a main source of the slowdown in the global economy.

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 reforms essential after ecb stimulus Arab Today, arab today imf reforms essential after ecb stimulus

 



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 reforms essential after ecb stimulus Arab Today, arab today imf reforms essential after ecb stimulus

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
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 Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
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