The International Monetary Fund (IMF) on Thursday urged the incoming center-right government of Silvio Berlusconi to continue efforts to correct Italy' public finances.
According to the IMF's director for external relations, Masood Ahmed, the new government must ''take swift action in two key areas. The first involves consolidating progress made in correcting public accounts, given that the debt is back on the rise and this trend must be reversed.
''The second is to continue adopting and implementing structural reforms'' to curb public spending.
