Financial Times FT.com

IMF told to aid orderly exit from stimulus

By Krishna Guha and Chris Giles in Istanbul

Published: October 4 2009 20:11 | Last updated: October 5 2009 10:44

World finance ministers instructed the International Monetary Fund on Sunday to prepare guidelines to ensure an “orderly and co-operative exit” from fiscal and monetary stimulus.

They also called on the IMF to examine ways to provide insurance-style finance to well-run emerging economies so they did not feel the need to build up vast foreign exchange reserves.

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