World Bank: govts should keep fiscal stimulus in 2010 - News

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World Bank: govts should keep fiscal stimulus in 2010

By: AFX | 10 Nov 2009 | 09:15 PM ET

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SINGAPORE, Nov 11 (Reuters) - World Bank President Robert Zoellick said on Wednesday he was comfortable about growth prospects for the world this year but recommended governments did not remove stimulus measures in 2010. "Recovery globally is not going to be symmetrical. It's going to be at a different pace," he said at a World Bank conference in Singapore. Zoellick also said he was concerned about potential asset bubbles in some Asian countries. (Reporting by Kevin Lim and Kevin Yao; Editing by Neil Chatterjee) ((kevin.lim@thomsonreuters.com; +65 6403 5663; Reuters Messaging: kevin.lim.reuters.com@reuters.net)) Keywords: WORLDBANK/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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