The Managing Director of the International Monetary Fund (IMF), Christine Lagarde said yesterday that the global recovery continues, but has warned that in many parts of the world “is not strong enough” and financial and geopolitical risks have increased . At a conference organized by the Atlantic Council think tank, Lagarde said that since the October meeting of the IMF have produced “significant” changes, as the global economy has benefited from “injection” that has led to the fall of oil and the strong US performance and reduced macroeconomic risks.
however, noted that the Fund have warned of the risk that the “new mediocrity” associated with prolonged low growth in time, so it affected which is now necessary to prevent this “new mediocrity” become “the new reality”. “We can do better. We must do better,” he said.
In this context, it considered necessary macroeconomic and financial policies accompanied by structural reforms to increase confidence and encourage investment. “In too many countries, these reforms have it backward,” criticized
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