Business | Economy
Bush hails summit as success, sees more work ahead
US President George W. Bush on Saturday hailed this weekend's global economic summit as a success, saying leaders agreed to pursue pro-growth policies, but insisted more work still needed to be done in tackling the financial crisis.
Washington: US President George W. Bush on Saturday hailed this weekend's global economic summit as a success, saying leaders agreed to pursue pro-growth policies, but insisted more work still needed to be done in tackling the financial crisis.
"There was a common understanding by all of us that we should take pro-growth economic policies," Bush told reporters after the Washington summit was finished.
"It makes sense to come out of here with a firm action plan, which we have, and it also makes sense to say to people that there is more work to be done, and there will be more meetings," he added.
More from Economy
More from Business
Business Editor's choice
-
‘Wrong Way' Krugman
The source of our economic malfunction lies with government-mandated bank regulations
-
Greek exit could make Eurozone stronger
Departure will show limits of bailouts and allow remaining members to act much more like a unit
-
UAE upholds values of free trade
Recently released statistics confirm an established fact, namely that of the UAE embracing the free trade principle in general and imports in particular

