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The IMF urges the G20 countries to take more decisive action to combat the global financial crisis by boosting demand and repairing financial systems. While governments have implemented stimulus packages and other policies, the IMF says action so far has not achieved a decisive breakthrough and more aggressive, coordinated policies are needed. The IMF calls for continuing liquidity support from central banks, dealing with distressed assets, recapitalizing banks, and macroeconomic stimulus to support demand

Author
rohitcnlu601
Language
EN

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