Global economy must be ready for downturn, says new IMF boss
by Larry Elliott Economics editor from Economics | The Guardian on (#4R62D)
Kristalina Georgieva spoke of 'huge responsibility' of taking charge amid faltering growth
Bulgaria's Kristalina Georgieva has said the global economy needs to be ready to cope with a fresh economic downturn after being chosen to head the International Monetary Fund (IMF).
The economist said she was taking charge of the Washington-based organisation at a time when growth was slowing, trade tensions growing and with debt at record levels.
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