Emerging ecos must have sound policies to deal with taper: IMF

Posted on Feb 21 2014 - 12:19am by IBC News

Sydney, Feb 20 International Monetary Fund (IMF) chief Christine Lagarde today said emerging market economies, like India, should put in place sound fiscal and monetary policies to deal with impact of US tapering, while cautioning advanced economies against fast withdrawal of stimulus.

“… emerging market economies, you need to look after your various equilibriums.

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