IMF’s Strauss-Kahn Says Fund Will Do All It Can for Greece

The International Monetary Fund will do all it can to help Greece get its economy and budget back on track, the fund’s managing director Dominique Strauss-Kahn said today.

“The IMF, alongside our European partners, is fully committed to support Greece’s efforts,” Strauss-Kahn said in a statement released in Washington at the conclusion of his visit to Greece. He said Greece has made progress that will be a “sound platform” for emerging from its debt crisis.

“The fiscal deficit is narrowing; public financial management and tax administration are improving; the financial sector is strengthening; pension reform is completed, and other reforms have begun -- now is the time to implement and accelerate them,” Strauss-Kahn said.

To contact the reporter on this story: Rebecca Christie in Washington at rchristie4@bloomberg.net;

To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net

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