Finance ministers encouraged but wary over economy

Posted by 7Star Monday, April 27, 2009

Finance ministers see signs the global economy is stabilising but are cautioning it will take until the middle of next year for the world to emerge from the worst recession in decades. In a daylong session of the International Monetary Fund, many ministers said stimulus packages, bank recapitalization and other actions taken by governments and central banks to deal with the crisis are beginning to show results.

0 comments

Post a Comment

Labels

Followers

Archive

BlogCatalog