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.
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
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
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
June 6: Migrant Workers Day
June 19: Filipino Youth Day
June 25: Day of the Filipino Seafarer
