IMF President Dominique Strauss – Kahn: government need to outline clear strategies to recover from the crisis

IMF’s General Director, Dominique Strauss Kahn urged governments to outline clear strategies to exit the crisis, to avoid undermining an economic recovery. He warned that the reform of the international financial regulations does not move fast enough, AFP informs. The world’s economy seems to finally be able to recover from the crisis, Strauss Kahn said.

He explained that governments need to clarify their plans and strategies to push the economy towards a positive turn. The lack of clear measures and support might succumb the country to the crisis.

Governments should also take into account the delayed loan repayments, which pressure banks, he added. Strauss Kahn said that the evolution of the commercial sector is also a source of concern.