国际英语新闻:G20 calls for different exit strategies for countries from economic stimulus
WASHINGTON, April 23 (Xinhua) -- G20 finance ministers and central bank governors Friday called for different policies for different countries concerning on exit strategies from stimulus measures as recovery has taken different speeds in various countries and regions.
"In economies where growth is still highly dependent on policy support and consistent with sustainable public finances, it should be maintained until the recovery is firmly driven by the private sector and becomes more entrenched," the officials said in a communique issued after their meeting on the sideline of the World Bank/International Monetary Fund (IMF) spring meetings in Washington.
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The meeting of the Group of Twenty (G20) Finance Ministers and Central Bank Governors is held in Washington D.C., capital of the United States, on April 23, 2010. |
Noting that some countries are already exiting, the communique said: "We should all elaborate credible exit strategies from extraordinary macroeconomic and financial support measures that are tailored to individual country circumstances while taking into account any spillovers."
The communique said the global recovery has progressed better than previously anticipated largely due to the G20's uNPRecedented and concerted policy effort.
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