ID :
106597
Mon, 02/15/2010 - 08:03
Auther :

Jeddah Economic Forum Starts Sessions

Jeddah, Feb. 14, 2010, SPA -- Jeddah Economic Forum under the title: World
Economy in 2010 which was patronized here on Saturday by Prince Khalid
Al-Faisal, Governor of Makkah Region, started its working sessions.

American Deputy Secretary of Treasury, Neal S. Wolin confirmed that the world
has come out of its crisis with a rate of growth at 5 percent, however, this is
not the targeted rate, because the fallout of the crisis is still threatening
the world economy.

No way out of this crisis unless countries co-ordinate their endeavors and
co-operate to finally come out of the crisis through stimulus and supporting
purchasing powers and forwarding frameworks for world economic reform, he
added.

A lot of countries have asked International Monetary Fund (IMF) for finding
solutions to the crisis, and G-20 will work for their implementation.

-- SPA

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