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The International Monetary Fund warned countries on Monday not to scale back stimulus measures used to fight the global recession, saying that could jeopardize a return to weak growth next year.
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"This is no time to take risks with premature withdrawal of the stimulus," the IMF's No. 2 official, John Lipsky, said at a conference in Mexico City.
The IMF said earlier this month that the world economy had started to recover. It sees global growth of 3.1 percent in 2010 after a 1.1 percent contraction this year.
Governments and central banks around the world have been pumping money into their economies all year to revive growth, though criticism of the stimulus measures in some countries has been growing.
In Britain, for example, the Conservative Party recently said that country's central bank should stop injecting money into the economy soon.
Lipsky said countries should be careful about pulling back, though he did not specify between monetary and fiscal stimulus. Central bankers use monetary policy to make credit more available, while governments use fiscal policy to spend directly in the economy.
"Our forecasts of a return to even relatively sluggish output growth next year in the global economy are predicated on the implementation of the large scale stimulus measures that have already be promised for next year," Lipsky said.
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