International Monetary Fund's policy-setting committee promised "bold and ambitious" action to boost a global recovery that has shown recent disturbing signs of weakness.
The decision, came in a closing statement from the IMF's steering committee at the fall meeting of the IMF and World Bank, comes after a week of stomach-churning swings in the financial markets triggered by growing fears that parts of Europe could be in danger of slipping into another recession.
The 188-nation IMF called increasing economic growth an "utmost priority" and pledged to make the necessary structural changes that would stimulate greater growth.
The decision, came in a closing statement from the IMF's steering committee at the fall meeting of the IMF and World Bank, comes after a week of stomach-churning swings in the financial markets triggered by growing fears that parts of Europe could be in danger of slipping into another recession.
The 188-nation IMF called increasing economic growth an "utmost priority" and pledged to make the necessary structural changes that would stimulate greater growth.
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