US Treasury Secretary Timothy Geithner said on Saturday in Instabul at a meeting of International Monetary Fund (IMF) that economic recovery signs are “stronger” and have appeared “sooner” than expected throughout the world, while also saying it’s too soon to retreat from stimulus programs. In a statement issued at a meeting in there, Secretary Geithner said global financial conditions have improved “dramatically.” The US housing market has stabilized, while jobless rate in the USA is remains “unacceptably high” and the financial system remains damaged, as a result, it’s not the time for governments to roll back stimulus, he said.
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