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Geithner says exit policies may vary globally

Thu Nov 12, 2009 4:24am EST

SINGAPORE, Nov 12 (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Thursday that the timing of stimulus exit policies would vary between countries, but business confidence and the financial system would need to be restored first.

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"The challenge is growth. First growth, but make sure we have business confidence restored, investments expanding again, unemployment coming down, financial sector definitively repaired -- that's our basic challenge," Geithner said in Singapore after a meeting of Asia Pacific finance ministers. (Reporting by Neil Chatterjee and Anshuman Daga; Editing by Saeed Azhar)



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