IMF: The world is not ready for recession

7 Jan 2019 08:26 AM

First Deputy President of the International Monetary Fund, David Lipton, said that the world is not ready for recession at the moment. His most prominent statements were as follows:

  • The next recession somewhere in sight.
  • We are not ready to deal with new crises.
  • There is a marked slowdown in the growth of the Chinese economy.
  • This slowdown is expected to continue for the coming period.
  • Trying to keep China out of crisis is very important.

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