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IMF's Lagarde tells GCC to keep up fiscal reform

Fiscal reforms that the GCC has been implementing are “impressive” but further adjustments are needed, Christine Lagarde said during a visit to Riyadh this week. The managing director of the International Monetary Fund (IMF) urged GCC countries to continue reining in spending but to phase in deficit reduction measures gradually,…

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Click here to read the full story: Arabian Business

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