Lagarde reiterates call for greater international co-ordination

Christine Lagarde
Photo: IMF/Cliff Owen

Greater international co-operation is needed to overcome the current “rough patch” for the global economy, International Monetary Fund managing director Christine Lagarde has said.

“Investment has weakened and trade has slowed significantly, with export and import growth rates at their lowest level since the great financial crisis,” she warned in a statement on June 29, released after the G20 summit in Osaka.

Echoing remarks made in November, she said: “We need a trading system fit for today’s

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