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World to emerge from crisis in early 2010-IMF chief

Posted by Matt in May 29th, 2009

The global economy is likely to emerge from crisis early next year but even after that financial systems will need to be monitored closely, the head of the International Monetary Fund said on Friday.

“We expect to get out of the crisis early in 2010, especially if a clean-up of certain segments of the financial system is carried out,” IMF Managing Director Dominique Strauss-Kahn told a conference in Morocco.

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