IMF Chief: Global Financial Threat Easing

Despite an uneven recovery between advanced and developing economies, the heads of both the World Bank and the International Monetary Fund say the global financial crisis has eased substantially. But these global lending institutions say member countries must do more to spark sustainable economic growth. 

The world’s economy is growing at a slightly slower pace than the IMF’s initial forecasts in January. But top financial officials gathered in Washington for the annual Spring …

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