 "US Treasury Secretary Steven Mnuchin (right) and IMF Managing Director Christine Lagarde at the IMF and World Bank's 2017 Annual Spring Meetings, in Washington (Photo: Reuters)")
The IMF has acknowledged that a prolonged period of low growth has brought to the fore the concerns of those who have been “left behind” and said it was important that global economic integration benefits everyone.
The IMF member-countries committed themselves to achieve a strong, sustainable and job-rich growth, using all policy tools — monetary and fiscal, and structural reforms — both individually and collectively. A communique issued yesterday at the end of the 35th meeting of the IMF said the global economic recovery was gaining momentum, commodity prices have firmed up and deflation risks were receding. While the outlook is
