Govts should keep fiscal stimulus in 2010: World Bank
Published on Wed, Nov 11, 2009 at 14:25 | Source : Reuters
Updated at Wed, Nov 11, 2009 at 22:07
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Govts should keep fiscal stimulus in 2010: World Bank
World Bank President Robert Zoellick said on Wednesday he was comfortable about growth prospects for the world this year but recommended governments did not remove stimulus measures in 2010.
World Bank President Robert Zoellick said on Wednesday he was comfortable about growth prospects for the world this year but recommended governments did not remove stimulus measures in 2010.
"Recovery globally is not going to be symmetrical. It's going to be at a different pace," he said at a World Bank conference in Singapore.
Zoellick also said he was concerned about potential asset bubbles in some Asian countries.
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