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IMF chief praises Gulf efforts for stabilising crude oil prices

Posted on 08 October 2012

IMF chief Christine Lagarde praised Gulf oil exporters on Saturday for their help in stabilising the global economy by managing oil prices, despite complaints by some Western countries that energy costs are still too high.
“It gives me an opportunity to thank the GCC countries for their … stabilising role in the global economy because of the good monitoring and good management of oil prices …” the International Monetary Fund’s managing director said………………………………………..Full Article: Source


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