IMF chief Christine Lagarde presented the Global Policy Agenda.
At a news conference to open the IMF-World Bank Spring Meetings, IMF chief Christine Lagarde presented the Global Policy Agenda, which calls for a more potent policy mix of structural, fiscal and monetary actions to lift growth.
“We believe that cooperation should be stronger. First example, the action to help refugees. Every second, nearly 30 people are displaced somewhere in the world. Now, that requires bigger, broader and bolder approach, and one that is certainly based on cooperation amongst the nations. It can not be the affair of one country,” said Lagarde.
The International Monetary Fund reports the global economy is expanding moderately but the outlook has weakened further since October, and risks have increased.