Macron wins IMF backing for 'ambitious' reform programme

A delegation from the International Monetary Fund, which has met with French government ministers and business figures in Paris, on Monday praised President Emmanuel Macron for what it called an 'ambitious', 'comprehensive' and 'balanced' economic reform plan, which will begin this autumn with an overhaul of labour market regulations.

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President Emmanuel Macron won support from the International Monetary Fund for his strategy of labour market reform and deficit cutting, reports Bloomberg.