By Alan Beattie in Washington

Infrastructure investment will have far more impact than tax cuts for governments trying to boost economic growth in the face of the global recession, according to the International Monetary Fund.

Releasing its most recent assessment of the global financial crisis, the IMF said that stimulus packages announced so far would probably add somewhere between 0.4-1.3 percentage points to economic growth this year across the world's big economies.

Full Story...

Posted by boyang at February 5, 2009 9:42 PM