IMF’s Chief: Prolonged Economic Stagnation Will Widen Global Inequalities

A meeting of finance ministers and central bankers from the G-20 countries kicks off today in Rio de Janeiro, as reported by BTA.

International Monetary Fund Managing Director Kristalina Georgieva has issued a warning about the rising global inequalities in a blog post ahead of the meeting. She noted that prolonged periods of slow economic growth could exacerbate global inequalities, though a balanced set of policies could help mitigate this effect.

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