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IMF Says U.S. Needs Clear Fiscal Plan Over Medium Term

Oct. 24 (Bloomberg) -- The International Monetary Fund wants the U.S. to find a lasting plan for dealing with its fiscal woes, while the fund welcomes the temporary agreement on raising the borrowing limit, a spokesman said.

“There needs to be a durable solution to the debt ceiling and uncertainty is not a healthy condition,” the IMF’s William Murray said at a press conference in Washington. “The U.S. needs to come up with a clear medium-term plan for dealing with its fiscal challenges.”

To contact the reporter on this story: Sandrine Rastello in Washington at srastello@bloomberg.net

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

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