• IMF hints at improved global GDP forecast but warns of 'difficult climb' ahead

    22 days ago - By Business Insider

    International Monetary Fund Managing Director Kristalina Georgieva speaks at a press conference in Washington D.C., the United States, on March 4, 2020.
    Liu Jie/Xinhua/Getty
    Second- and third-quarter growth was better than expected, but the global economy is still a long way from full recovery, Kristalina Georgieva, managing director of the International Monetary Fund, said in a Tuesday speech .
    The IMF will make a "small upward revision" to its 2020 growth forecast next week after estimating a 4.9% annual contraction in June, she said.
    Still, all countries now face "a difficult climb that...
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