Labour reform

Published November 2, 2006

WASHINGTON, Nov 1: The IMF on Wednesday urged the French government to do a better job of selling much-needed labour reforms to lift one of Europe’s biggest economies out of the doldrums.

In an annual report, the International Monetary Fund notched up its 2006 growth forecast for France to 2.5 per cent, from 2.4 per cent given in September.

For 2007, the IMF sees French gross domestic product (GDP) expanding by 2.3 per cent.—AFP

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