Arab Today, arab today lagarde warns against false sense of economic security
Last Updated : GMT 18:07:47
Arab Today, arab today
Arab Today, arab today

Lagarde warns against false sense of economic security

Arab Today, arab today

Arab Today, arab today Lagarde warns against false sense of economic security

Beijing - QNA

International Monetary Fund (IMF) Managing Director Christine Lagarde on Sunday urged policy makers to be vigilant as oil prices, debt levels, and the risk of slowing growth in emerging markets threaten global economic stability. \"Optimism should not give us a sense of comfort or lull us into a false sense of security,\" Lagarde said in Beijing at the China Development Forum. \"The global economy may be on a path to recovery, but there is not a great deal of room for manoeuvre and no room for policy mistakes,\" explained Lagarde. The IMF Chief urged the developed countries to strengthen their financial systems and cope with high debt, while noting that the developing countries need to improve their financial defenses. \"The world economy has stepped back from the brink and we have causes to be a little bit more optimistic,\" she said. \"But optimism should not give us a sense of comfort and certainly should not lull us into a false sense of security.\" She said European leaders need to stay vigilant about debt, focus on \"steady, rigorous implementation\" of financial measures, and carefully watch the economic situation in Greece. The IMF last week approved a 28 billion-euro ($36.6 billion) loan for Greece as part of a 130 billion euro second bailout by the European Union that requires more austerity and an overhaul of its economy. Greece completed the world’s largest sovereign-debt overhaul and agreed to deeper spending cuts to obtain new funds as it faces a fifth year of recession. \"The measures that were proposed are ambitious and it will be important to focus on steady rigorous implementation of the situation on the ground,\" Lagarde said about Greece.

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 lagarde warns against false sense of economic security Arab Today, arab today lagarde warns against false sense of economic security

 



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 lagarde warns against false sense of economic security Arab Today, arab today lagarde warns against false sense of economic security

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
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
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

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 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
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