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IMF panel chair says signs of recovery in economy

Sat Apr 25, 2009 5:23pm EDT

WASHINGTON, April 25 (Reuters) - The head of the International Monetary Fund's steering committee said on Saturday there are tentative signs of a recovery in the world economy.

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"We have serious problems, we are taking very serious measures, but things are starting to look up. Carefully, cautiously, we can say that there is a break in the clouds," said Youssef Boutros-Ghali, chairman of the IMF's International Monetary and Financial Committee, who is also Egypt's Finance Minister.

(Reporting by Lesley Wroughton; Editing by Chizu Nomiyama)

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