WASHINGTON : Global Economic Push
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The World Bank and the International Monetary Fund are holding their annual meetings in the U.S. capital this week, with the slow pace of recovery from the global recession at the top of the agenda.
“More must be done to push along the world economy,” Treasury Secretary Lloyd Bentsen says. “The name of the game is jobs.”
But the finance ministers and central bank governors taking part in the three days of private meetings disagree on just what steps must be taken and on whether each has done enough to spur economic growth. Among the options: lower interest rates and greater government stimulus of economies.
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