IMF Lagarde Says Economy Not in Crisis But Growth is Slow

By Unknown

Kamis, 21 Juli 2016

IMF Lagarde Says Economy Not in Crisis But Growth is Slow

The global economy continues to recover, but it is still at a delicate stage, IMF Managing Director, Christine Lagarde warned.

"We have growth, we are not in a crisis The not so good news is that the recovery is too slow, too fragile, and risks to sustainability are increasing,." Lagarde said in a Tuesday speech in Frankfurt, Germany.

She warned that because growth had been "too low for too long", too many people were "just not feeling the"

"Let me be clear . We are on alert, not alarm. There was a loss of growth rate. However, if policymakers can face the challenges, and act together, the positive impact on global confidence and global economy will be is important, "said Lagarde.

In its World Economic Outlook January, the organization cut its forecast for global growth to 3.4 percent for 2016 and 3.6 percent in 2017. He warned that the recovery in activity World has been designed to be more gradual than in its outlook in October.

"the slowdown and the rebalancing of Chinese economy, the prices of commodities, and strains in some large emerging market economies will continue to weigh on growth prospects in 2016-17," the report January IMF.

MSN

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