IMF director urges governments to ‘pick up the growth baton’
by Katie Allen from on (#19CT3)
Christine Lagarde warns of advanced economies' 'loss of momentum' and credits emerging markets with driving recovery
Governments must urgently pursue more growth-friendly policies to shore up a weakening global economy beset with risks, the head of the International Monetary Fund has said.
Christine Lagarde also put governments on alert that they should prepare contingency plans in case threats to the fragile global economy materialise.