Global Economy: IMF says budget cuts growth give short-term pain and long-term gain
Oct 1st, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Global Economy: The International Monetary Fund (IMF) says almost all advanced economies will need to cut deficits and raise taxes to put their fiscal positions back on a sustainable footing in the coming years. The Fund says budget cuts give short-term pain and long-term gain.