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.

May –
Anti-Graft and Corruption Awareness Month

“Corruption drains the nation
and victimizes workers who build the nation.
Accountability now!”

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!

May 1 – Labor Day
May 2 – World Freedom Day

May 12 – World Communication Day

May 15 – International Day of Families

May 16 – International Day of Living 

Together in Peace

May 21 – World Day for Cultural Diversity

for Dialogue and Development

 

Monthly Observances:

The Month of the Ocean 

Anti-Graft and Corruption Awareness Month 

Volunteerism Month

 

Weekly Observances:

Week 2: Safe Motherhood Week 


Daily Observances:

May 1: Labor Day 

May 7: Health Worker’s Day

May 31: National Fisherfolks Day

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.