Wednesday 20 May 2009

UK government must do more to improve public finances, IMF warns

Telegraph
"In a wide-ranging review of the UK since the financial crisis erupted, the IMF said that the state of the public finances and the still fragile state of the banking system leaves the economy vulnerable despite its forecast of a slow recovery next year. ....In its report, the IMF said that the Government should focus on "putting public debt on a more firmly downward path faster than envisaged in the 2009 Budget."
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IMF praises UK action on economy, but warns debt has left nation more vulnerable than most (Daily Mail)

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