IMF Warns Global Growth Outlook Weakest In Over 30 Years

IMF Warns Global Growth Outlook Weakest In Over 30 Years:

The IMF’s managing director warned this morning that its outlook for global economic growth over the next five years is the weakest in over 30 years.

Speaking in Washington ahead of the spring meetings next week, Kristalina Georgieva said the world economy would expand at an average annual rate of around 3 per cent over the next five years (the lowest medium-term growth forecast since 1990 and less than the five-year average of 3.8% from the past two decades).

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