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Faisal Islam: What surprise praise for UK economy tells us about the Budget

Photo: BBC

The managing director of the IMF, Kristalina Georgieva, has praised the UK's approach to debt reduction.

"Get your fiscal health in order," is a key message at the the International Monetary Fund's (IMF) annual meeting here in Thailand.

The IMF is worried about the debts of the world's biggest economies. It is doing its job as a watchdog, looking for and warning about financial vulnerabilities.

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