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Sunday, March 21, 2010
OECD Gurria: Urge Nations Not Too Withdraw Stimulus Hastily
By Terence Poon
Dow Jones Newswires
BEIJING -(Dow Jones)- The Organization for Economic Cooperation and Development over the weekend again urged nations not to withdraw their stimulus policies hastily.
In a speech at an economic and business forum, OECD Secretary-General Angel Gurria said fiscal consolidation would be a slow process, posing challenges for governments.
He added that global economic imbalances, which had receded during the financial crisis, may resurface as the global economy recovers.
His remarks were posted on the Web site of the People's Daily, the Communist Party mouthpiece.
Copyright © 2009 Dow Jones Newswires
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