亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线

Videos ? Latest ? Feature ? Sports ? Your Videos
 

IMF calls for resolution to fiscal challenges

0 Comment(s)Print E-mail China.org.cn, November 11, 2011
Adjust font size:

 

Carlo Cottarelli, director of Fiscal Affairs Department under IMF, said: "if you raise the taxes too fast, if you cut spending too rapidly, people are not going to have enough money to invest and to consume. And this would also be bad for growth. It would be a cause of instability. So our message is have a plan, start reducing deficit, but you have to do it at the right pace -- not too fast, not too slow -- at least in countries that are not subject to market pressures and, therefore, have a bit more flexibility."

He believed that the fiscal policy in emerging markets should be tightened to avoid the risk of overheating. The fiscal accounts of emerging markets in general are better than the fiscal accounts of advanced countries at the moment. But these economies are overheating and inflation is too high.

"In response to this overheating most emerging economies are tightening fiscal policy in 2011 and intend to tighten in 2012. But in some emerging markets this tightening is not enough. They should tighten a bit more to reduce the pressure on inflation. At the same time, it is important that all emerging markets maintain some degree of flexibility given the very uncertain economic future at present. This means that if their economies cool off on their own, they can slow down the pace of fiscal adjustment," he said.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
    1. <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>
      <thead id="556nl"></thead>

      1. <em id="556nl"><tt id="556nl"></tt></em>
        <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>

        <ul id="556nl"><small id="556nl"></small></ul>
        1. <thead id="556nl"></thead>

          亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线 人妻无码久久影视 日韩久久久久久久久久久久 精品国产香蕉伊思人在线 无码国产手机在线a√片无灬 91在线视频无码