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10 months ago
IMF steering committee calls on members to use all tools to boost growth
October 8, 2016 / 5:01 PM / 10 months ago

IMF steering committee calls on members to use all tools to boost growth

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WASHINGTON, Oct 8 (Reuters) - The International Monetary Fund's steering committee on Saturday called on member countries to use all policy tools to support a global economic recovery that continues "slowly and unevenly."

"Overall, uncertainty and downside risks are elevated, while longstanding headwinds persist," the International Monetary Fund and Financial Committee said in a communique.

"We reinforce our commitment to strong, sustainable, inclusive, job-rich and more balanced growth. We will use all policy tools - structural reforms, fiscal and monetary policies - both individually an collectively," it said. (Reporting by David Lawder and Leika Kihara; Editing by Andrea Ricci)

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