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IMF director Lagarde says budget deficit cuts should be ‘gradual and steady’ – Washington Post


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IMF director Lagarde says budget deficit cuts should be 'gradual and steady'
Washington Post
Christine Lagarde said in a speech in Zurich that steep cuts tend to slow an economy, particularly if a nation is already suffering from weak growth. The head of the global lending organization didn't refer to any specific countries.
IMF chief urges gradual approach to spending cutsSan Francisco Chronicle

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