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.

March –
IT’S WOMEN’S MONTH!

“Respect and support women
every day of the year/s!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
   Women’s Week
Week 3: Philippine Industry and “
   Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
   of the Girl Child Week
Daily Observances:

March 8: Women’s Rights and   
   International Peace Day;
   National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
   of Racial Discrimination
March 23: International Day for the Right to the Truth
   Concerning Gross Human Rights Violations
   and for the Dignity of Victims
March 25: International Day of Remembrance of the
   Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour

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