IMF chief asks for more stimulus in 2010

Published by rudy Date posted on March 30, 2009

PARIS (Xinhua) — The head of the International Monetary Fund (IMF), Dominique Strauss-Kahn, said on Friday the world economy may need more stimulus in 2010, and governments should be prepared to do more.

Governments should “make sure that if needed more can be done in the course of 2010,” he said at a news conference in Paris.

“What has been announced in terms of fiscal stimulus is broadly in line with the 2 percent of global stimulus that we were asking” for 2009, he said.

But “governments should be prepared to do more,” Strauss-Kahn said.

European countries have been resisting a call from the US government to spend more, saying they want to place more emphasis on financial regulations.

Global leaders should make fixing the financial sector their priority at the upcoming G20 summit in London on April 2, Strauss-Kahn said.

He said the European Central Bank is prepared to take measures to ease tight credit conditions, similar to those of the US Federal Reserve and the Bank of England.

Nov 16 – International Day for Tolerance

“No more toleration of corruption!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
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Accept National Unity Government (NUG)
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November


Nov 2 – Intl Day to End Impunity for
Crimes Against Journalists

Nov 9 – World Science Day for Peace
and Development

Nov 16 – International Day for Tolerance

Nov 19 – World Toilet Day

Nov 20 – World Children’s Day

Nov 25 – Intl Day for the Elimination of
Violence Against Women

 

Monthly Observances:


Homes Safety Month

Filipino Values Month
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Weekly Observances:

Nov 19-25: Global Warming and
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Nov 23-29: National Girls’ Week
Population and Development Week

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Week 2: Week 3: Drug Abuse Prevention
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Last Week: Safety and Accident
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Last Saturday: Career Executive Service
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