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    International Cooperation Key to Enduring Financial Reforms, IMF Chief Says

    By Ma. Rizza Leonzon // 13 April 2010

    Better international cooperation is needed to foster lasting financial sector reforms, International Monetary Fund Managing Director Dominique Strauss-Kahn said. The international community will have to work on strengthening policy cooperation to encourage stable, strong and balanced economic growth. Financial institutions, meanwhile, need to acquire more capital and enhance their liquidity management.“We now appear to be on the path to recovery though it remains sluggish and uneven, and in need of continued policy support in many advanced economies,” Strauss-Kahn was quoted by RTTNews as saying. “The costs of the crisis lost growth, high unemployment, and sharply higher public debt will take many years to overcome.”

      Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

      About the author

      • Ma. Rizza Leonzon

        Ma. Rizza Leonzon

        As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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