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IMF's new chief Georgieva warns of ‘synchronized slowdown’ in global growth
October 8, 2019 | By Livemint.com
business
Georgieva unveils new IMF research showing that the cumulative effect of trade conflicts could mean a $700 billion cut in global GDP output by 2020, or around 0.8%.IMF expects slower growth in nearly 90% of the world in 2019
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WASHINGTON : New International Monetary Fund Managing Director Kristalina Georgieva issued a stark warning about the state of the global growth on Tuesday, saying trade conflicts had thrown it into a "synchronized slowdown" and must be resolved. In her inau
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