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IMF tells Australia to cut deficit

June 23, 2018
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Australia needs to cut its current account deficit to a moresustainable level, the head of the International Monetary Fundsays. – (The Age — 13 June, 2006)
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The head of the International Monetary Fund (IMF) says Australia must aim for a current account deficit of around 4 per cent of GDP to ensure the sustainability of the economy The current account d (ABC News — 13 June, 2006)
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Steep falls in global financial markets could reflect growingawareness that rising current account imbalances might derail rapideconomic expansion, the IMF believes. – (The Age — 14 June, 2006)
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Global trade imbalances are one of the biggest threats to the world economy, the head of the IMF warns. (BBC News — 13 June, 2006)
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Federal Treasurer Peter Costello has called for reform of the International Monetary Fund (IMF) IMF managing director Rodrigo de Rato is in Canberra holding meetings with Prime Minister John Howard (ABC News — 14 June, 2006)
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Investors may be reeling, but Treasurer Peter Costello and IMFchief Rodrigo de Rato welcome the slide in global financial marketsas a correction that could avoid worse damage ahead. – (The Age — 15 June, 2006)
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Scrambling to maintain its influence in a rapidly changing world economy, the International Monetary Fund yesterday adopted a plan aimed at reshaping itself to handle new challenges such as global trade imbalances and the rise of China. (Washington Post — 49 minutes ago)
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