New IMFC chair warns against premature stimulus withdrawal

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Fiscal stimulus should not be withdrawn too early, Magadalena Andersson, the new chair of the International Monetary and Financial Committee, said in a speech today (January 19).

The Swedish finance minister stressed this was one of the main lessons of the global financial crisis. Nevertheless, she added: “Once circumstances allow, we should… restore public finances to ensure preparedness for the next crisis because previous economic crises have also taught us that as well as being timely

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