BGN Entrepreneur

The IMF’s deputy managing director indicated that the Government should stay the course in its efforts to reduce the deficit, even after the surprise slide in fouth quarter GDP.
While the outlook in developed econmies is still clouded by growth concerns, worries in emerging markets centre on economies overheating. It is said that authorities in some emerging markets were moving too slowly to tackle inflation. Though no country is singled out, China’s inflation rate is heading towards 6% in spite of rate rises at the end of 2010.

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