Senate debates

Monday, 15 March 2010

Questions without Notice

Employment

2:18 pm

Photo of Stephen ConroyStephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

However, both the IMF and the OECD have warned against too rapid a withdrawal of fiscal stimulus, completely repudiating the calls from those opposite. To quote the IMF on 2 March:

The still fragile nature of the global recovery suggests that the withdrawal of the policy stimulus should proceed gradually.

If those opposite are still not getting the message, the OECD also said in February of this year:

The withdrawal of fiscal stimulus will have to be carefully planned.

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