IMF members to push spending, revive trade to boost growth
The International Monetary Fund's member countries on Saturday pledged to revive flagging global trade, boost government spending and remove barriers to business to fight weak growth that has left too many people behind.
The pledge came as world finance leaders fretted over a rising populist backlash against trade and globalization at the IMF and World Bank annual meetings in Washington.
"The persistently low growth has exposed underlying structural weaknesses and risks further dampening potential growth and prospects for inclusiveness," the Fund's steering committee said in a... read more
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