Global finance officials pledge to tackle economic slowdown
Source: Associated Press
By MARTIN CRUTSINGER and PAUL WISEMAN 14 minutes ago
WASHINGTON (AP) — Global finance officials are pledging closer cooperation in efforts to lift the world economy out its current slowdown, but tensions persist on a number of fronts between the United States and other nations over trade and other issues.
Officials wrapped up the spring meetings of the 189-nation International Monetary Fund and the World Bank on Saturday, expressing hope the slowdown that began last year will be followed by stronger growth in the second half of this year and into 2020.
The IMF’s steering committee said all members, in order to protect the current economic expansion, would “act promptly to shore up growth for the benefit of all.”
At a closing news conference, the committee chairman, Lesetja Kganyuago, head of the central bank of South Africa, said every country needs to be ready to address issues involving financial stability “with all available tools.”
Read more: https://apnews.com/bf7366e4f7a84eee897d07763f6c17bb
Same song same dance every year...................let everyone eat cake.............bullshit
Everyone keeps forgetting what the IMF and the World Bank did to Greece, Spain and other countries...................
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