Latam would take tough pro-growth measures-Gurria
Reuters, Friday, September 04, 1998 at 10:32
WASHINGTON, Sept 4 (Reuters) - Mexican Finance Minister
Jose Angel Gurria said on Friday that Latin American countries
would be prepared to take difficult and unpopular measures if
necessary to maintain growth.
"The countries are going to keep doing the right thing,
taking sometimes difficult and sometimes unpopular decisions,
but necessary ones, to make sure that growth and job creation
are maintained," Gurria told reporters.
Gurria, speaking on his way into the second day of an
IMF-sponsored crisis meeting on Latin America, again denied
that the countries were seeking a bailout package.
"We came here today to think aloud, not to get money to put
in our pockets and take away," Gurria said.
"Mostly we're going to listen to the World Bank and the
IADB. We're going to be listening to their ideas and propose
ours. Hopefully we'll have a constructive dialogue," he said of
Friday's session.
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Copyright 1998, Reuters News Service |
