Middle East Economic Survey

VOL. LII

No 37

14-Sep-2009

REGIONAL

IMF Chief Says Rising Unemployment Marks Third Wave Of Economic Crisis

Policy action to combat the worst economic crisis since the Great Depression is working, but governments should not relax stimulus measures until recovery takes hold and unemployment levels recede, according to IMF Managing Director Dominique Strauss-Kahn. Speaking to reporters in London on 5 September after a two-day meeting of G-20 finance ministers and central...