Economics
IMF's Lagarde Urges Urgent Action as Arab Discontent Bubbles
- Lagarde says more social spending, job creation are needed
- IMF managing director speaks at conference in Marrakesh
Christine Lagarde
Photographer: Jason Alden/BloombergThis article is for subscribers only.
The Arab world must “take urgent action” to create jobs and increase social spending to contain simmering public discontent, IMF Managing Director Christine Lagarde said on Tuesday.
“The public dissatisfaction that is bubbling up in several countries is a reminder that even more urgent action is needed,” Lagarde told a two-day conference on inclusive growth, held in the Moroccan city of Marrakesh.