After the "Storm" debate, the G8 finance ministers announced 13, in view of the economy has stabilized, the G8 started to consider how to deactivate the Government policy of large-scale economic stimulus, but at this stage does not put into practice.
Reuters reported that the United States, United Kingdom, France, Germany, Italy, Canada, Japan and Russia's Finance Minister, spoke at the national economic situation described, the language of the financial crisis has been the most positive feelings.
The G8 Finance Ministers meeting for two days, 13. United States Secretary of the Treasury Timothy Geithner post-session · said: "this field is weakening economic storm strength. Many economies appear encouraging signs. ”
The g-8 finance ministers that day Please study the International Monetary Fund, the financial tsunami tide, the Government on how best to deactivate the economic stimulation policy.
They asked the IMF to help work out the "withdrawal strategy" to reduce the interest rate cuts, tax breaks and other economic incentives for the negative impacts and ensure long-term sustainable economic recovery.
One does not want to expose the name of the source told Reuters, the International Monetary Fund (IMF) may be submitted at the annual meeting of October "exit strategies" report.
Finance Ministers ' meeting communiqué, stressed that in view of the publication "the situation remains uncertain, is not conducive to economic and financial stability in significant risk still exists", eight is not immediately deactivate the economic stimulation policy.
Geithner said that the policy shift was premature, "the early signs of upturn is inspiring, but global economic activity remains far from their full potential, we are still facing severe challenges."
Reuters reported that the G8 's internal policy on the "withdrawal" differences. Germany and Canada and other countries want to stop economic stimulation as early as possible, by the United States policy and cold on the United Kingdom. Report commented that revolves around the economic stimulus policy debates have diplomatic sensitivity, because if some countries than in other countries to advance the economic stimulation policy deactivated, it may be not trying to boost the global economy.
The associated press reported that Germany and other countries the potential for economic incentives, long-term risk warning these measures could lead to inflation and budget deficit double high; United States and United Kingdom are worried that the European continental countries, efforts to stimulate economic development is not enough. Some countries suggest that by the end of the year and then request the International Fund to help design the "withdrawal policy."
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