Osborne backs closer deficit scrutiny by IMF

Osborne backs closer deficit scrutiny by IMF
 

Following talks between G20 nations in Washington on the sidelines of an International Monetary Fund meeting, Britain looked set to be named as a potential risk to global economic stability due to its large budget deficit.
The G20 also appeared poised to authorise IMF economists to take a closer look at China and Germany's large trade surpluses as well as the United States' deficit.
"This is not something we should in any way be nervous about as a country. It is something we should positively welcome," Osborne told reporters at the British embassy while officials put the final... read more

 
15 April 2011 in Business, Views: 4
Source: Reuters
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