WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that the global economy has proven remarkably resilient to multiple shocks, but has yet to overcome a combination of weak growth and sticky inflation.
The IMF’s global growth projections of 2.8% global growth “is not enough to bring opportunities to businesses and people around the world, and most worrisome is the projection for weak growth over a longer period of time,” Georgieva told a news conference at the IMF and World Bank Spring Meetings.
(Reporting by David Lawder and Andrea Shalal)