IMF report reveals “urgent” need to cut deficits

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IMF report reveals “urgent” need to cut deficits

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05-17-2010, 06:52 AM

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IMF report reveals “urgent” need to cut deficits

In its latest Fiscal Monitor report, the International Monetary Fund (IMF) said that despite the recovery in the global economy, the world’s wealthiest economies urgently need to tackle their debt levels.Its report, and warning, comes as several euro zone nations have introduced tough austerity measures to trim their debt levels, which have caused violent protests [...]

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