World economy not doing as badly as feared, IMF chief says
The global economy is faring better than expected, propped up by a resilient United States, the IMF chief said Wednesday, ahead of next week's gathering of finance ministers and central bank governors in Washington.
The world economy is doing "better than feared, but worse than we need," International Monetary Fund Managing Director Kristalina Georgieva told reporters in Washington, according to prepared remarks, adding the Fund now expects global growth to slow "only slightly this year and next."
Source: Agence France Presse
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