Reuters: IMF’s Lagarde: weaker global growth complicates development goals
“Downside risks to global growth have increased and the weak economic outlook will make achieving world development goals more difficult than in the past, the head of the International Monetary Fund said on Tuesday. … ‘It would be a lot easier if the world was cruising at 5.5 (percent), six percent global growth than it is at the moment,’ [Christine Lagarde] said at a Brookings Institution event. The IMF, which is due to release updated economic forecasts in October, in July forecast global growth of 3.3 percent this year and 3.8 percent in 2016…” (Hughes, 9/22).