IMF head warns of 'self-inflicted injuries' hurting economic recovery
She tells G-20 and central bank leaders that policy choices are now key if the global economy is to snap out of its low-growth period
Tokyo
THE global economy cannot afford to risk "self-inflicted injuries," International Monetary Fund (IMF) managing director Christine Lagarde declared on Tuesday, in what appeared to be a sideswipe against the protectionist policies of US President Donald Trump and other political leaders.
Such policies risk derailing a recent strengthening of activity which could herald the world economy's snapping out of its multi-year low-growth period, she said.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month