Christine Lagarde met Imran Khan on the sidelines of the World Government Summit in Dubai (AFP Photo/KARIM SAHIB)
AFP: IMF warns of global economic "storm" as growth undershoots
Dubai (AFP) - The International Monetary Fund on Sunday warned governments to gear up for a possible economic storm as growth undershoots expectations.
"The bottom-line -- we see an economy that is growing more slowly than we had anticipated," IMF Managing Director Christine Lagarde told the World Government Summit in Dubai.
Last month, the IMF lowered its global economic growth forecast for this year from 3.7 percent to 3.5 percent.
Lagarde cited what she called "four clouds" as the main factors undermining the global economy and warned that a "storm" might strike.
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WNU Editor: Debt, Brexit, trade wars, and China are the four "clouds" that IMF Managing Director Christine Lagarde is focused on.
