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IMF report backs Government on deficit reduction
27/09/2010 23:37:00

The IMF have today published a report which backs the coalition Government's approach to deficit reduction. Whilst recognising - given the mess we have inherited from the previous government - that there are no risk free options, it argues that our deficit reduction plan is "essential" and predicts that the UK economy will continue to recover at a moderate pace while the cuts are implemented.

You can read the report here and some good commentary by Stephanie Flanders, the BBC's Economics Editor, here.

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