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Monetary Fund

IMF slashes world economy growth forecast by 0.2 percent

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The International Monetary Fund said the world economy is plateauing as the lender cut its growth forecast for the first time in more than two years, blaming escalating trade tensions and stresses in emerging markets. On the eve of its annual meetings in Bali, Indonesia, the fund on Tuesday, projected a global expansion of 3.7 […]

IMF worries over ‘lack of trust’ among global trade partners

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Christine Lagarde

The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, has raised concern over what she described as ‘lack of trust’ among global trade partners stressing, “must be fixed.” Lagarde raise the concern on Thursday at the World Bank’s and IMF’s Spring Meetings 2018 conference in Washington. Tensions in global trade have spiked in […]