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IMF paints grim picture of fiscal tightening needs

Posted by littlefairy 797 days ago (http://business.asiaone.com)
Category: Economy | Tags: economy recession usd budget deficits
Developed countries with big budget deficits must start now to prepare public opinion for the belt-tightening that will be needed starting next year, the No. 2 official at the IMF said on Sunday.
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