IMF urges continued strong fiscal, monetary support given uncertainty

IMF urges continued strong fiscal, monetary support given uncertainty

WASHINGTON
(Reuters)

The
International
Monetary
Fund
is
urging
countries
to
continue
strong
fiscal
and
monetary
efforts
to
support
their
economies
given
what
it
sees
as
a
‘great
deal
of
uncertainty’
about
the
risks
posed
by
a
resurgence
in
COVID-19
cases
and
new
variants.

“The
global
economy
is
at
a
critical
juncture,”
IMF
spokesman
Gerry
Rice
told
reporters
at
an
online
briefing.
“There
remains
a
great
deal
of
uncertainty.”

Rice
said
the
IMF
would
release
an
updated
global
economic
forecast
on
Jan.
26
that
would
reflect
recent
developments,
including
development
and
distribution
of
COVID-19
vaccines
and
fresh
stimulus
measures
in
the
United
States
and
Japan.


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