IMF urges caution on exit strategies

First to the World Economic Forum in Davos where the IMF has urged caution on exit strategies.

Managing Director Dominique Strauss-Kahn, said on Saturday that the global economy is picking up speed. But that the recovery will be fragile and asymmetrical, making the time for an exit of government stimulus programs difficult.

He believes ending government financial intervention too late will increase public debt, while stopping too soon could plunge the world back into recession. Strauss-Kahn also noted that the recovery is occurring unevenly around the world.

Dominique Strauss-Kahn, IMF Managing Director, said, "As far as the reform of the financial sector is concerned, we must accelerate and go further, not just for the banks, but also the rest of the financial sector. We have proposed a method of taxing the financial system, so to make it contribute to the risks being taken collectivity."