The head of the IMF has said the “remarkable resilience” of the global economy this year has cut the chances of a painful recession in the coming quarters, even as she warned of weak growth over the next five years.
Speaking in Cote d’Ivoire ahead of the annual World Bank and IMF meetings in Marrakech, Kristalina Georgieva highlighted “strong momentum” in the US economy, also singling out India as a bright spot.
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