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You're reading: IMF urges quick, effective moves to buoy growth
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The IMF’s International
Monetary and Financial Committee also urged emerging economies to adapt
their own policies to help counter slowing growth in Europe and the
United States.

The IMFC said decisive action was needed to “break
negative feedback loops and restore the global economy to a path of
strong, sustainable and balanced growth.”

The annual meeting of
the IMF and World Bank, convened in Tokyo this year, has highlighted
frustrations among many countries over drag on growth from the lingering
debt crisis in Europe, and alarm over a possible blow to the world’s
largest economy if the U.S. fails to resolve an impasse over its budget
deficit.

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