IMF’s says global economy needs to overcome weak growth, sticky inflation

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)

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