Noting that a turning point is yet to be reached, the IMF said it was slightly revising downwards the growth outlook for the global economy.
The IMF said its latest World Economic Outlook projections show 2019 GDP growth at 3.0%, down from 3.2% in a July forecast, largely due to increasing fallout from global trade friction
Research shows the impact of the trade conflict is widespread and countries must be ready to respond in unison with cash infusions, Kristalina Georgieva said in her first speech as MD of IMF
In several key economies, growth is being supported by policies that seem unsustainable over the long term
The IMF, in its latest World Economic Outlook, kept its global growth forecasts for both 2018 and 2019 unchanged at 3.9 per cent
IMF panel warned that the global growth is at risk of faltering in coming years given uncomfortably low inflation & rising geopolitical risks