IMF Talks Improved Global Economy Prospects

Improved trade and global growth estimates are cause for cautious optimism, officials at the International Monetary Fund (IMF) Spring Meetings said last weekend, while urging countries to adopt structural reforms to boost growth and reduce unemployment. The Washington gathering – which focused primarily on how to transition from recession-era policies to those of a more normal period – also reviewed the ongoing efforts to enact reforms to the lending institution, giving the US Congress until year’s end to ratify the measures.

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