• SOURCE: IMF

IMFC Calls for Stronger Cooperation on Comprehensive Policy Mix to Promote Inclusive Growth

ID

471274

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Washington, DC – April 22, 2017 1. Wide open of IMFC news conference 2. Wide photogaphers and journalists 3. SOUNDBITE: (English) Agustín Carstens, IMFC Chair “We stressed the importance of the three pronged approach of mutually reinforcing monetary, fiscal, and structural policies. At the same time, we recognize that trade, financial integration, and technological progress have broad based benefits, including improving living standards, and lifting hundreds of millions out of poverty. However, the prolonged period of low growth has brought to the fore the concerns of those who have been left behind.” 4. Wide reporters 5. SOUNDBITE: (English) Christine Lagarde, IMF Managing Director “There was a clear recognition in the room that we have probably moved from high financial and economic risks to more geopolitical risks. There was also clear recognition in the room that policies going forward are going to be needed in order to move from that growth momentum to more sharing and more inclusive growth.” 4. Mid reporters 5. SOUNDBITE: (English) Christine Lagarde, IMF Managing Director “At a time when growth is picking up, where there is that momentum, and to avoid the syndrome of the green shoots turning brown, there is a recognition that we need to secure what has been conducive to growth.” 6. Close reporter asking question 7. UPSOUND: (English) Agustín Carstens, IMFC Chair (SPEAKING AS LAGARDE HOLDS UP GLOBAL POLICY AGENDA) “For the first time in several, I would say, years the Global Policy Agenda of the Managing Director was fully supported by all the membership.” 8. Mid reporters 9. SOUNDBITE: (English) Christine Lagarde, IMF Managing Director “There are really issues about inclusiveness within countries, across countries, and across generations. And, all of that is encapsulated in the proposals that I have put to the IMFC under the leadership of Mr. Carstens, for their review and approval. For the first time, ever since I have been Managing Director, the whole Global Policy Agenda has been approved, at large, without restrictions.” 10.Wide IMF officials at end of news conference
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