World finance leaders vow to boost global economy

15:57 | 20/04/2016 Cooperation

Concluding the spring meetings of the International Monetary Fund (IMF) and World Bank (WB) in Washington on Saturday, world finance leaders from 189 nations vowed to collaborate toward boosting the global economy.

World finance leaders vow to boost global economy

German Minister of Finance Wolfgang Schauble, right, speaks with French Finance Minister Michel Sapin on Friday, April 15, 2016, during the World Bank/IMF Spring Meetings G-20 (AP Photo/Sait Serkan Gurbuz)

The IMF foresees global growth of 3.2% this year, down from the 3.4 percent it predicted in January.

However, following a series of meeting among IMF members, IMF Managing Director Christine Lagarde saw the global economy more positive.

IMF urged other nations to employ growth-friendly monetary, fiscal policies, and structural reforms to boost the economy./.


Source: VOV5