According to CNN Arabia, Lagarde stated that global economic activity is prepared to take advantage of the pace that has become more careful in returning to the normal monetary policy of the major central banks, led by the reserve. The US Federal Reserve, and from the increased stimulus, in China.
Lagarde pointed out that these policy measures have led to support for facilitating financial conditions and increasing capital flows to emerging markets, where currency rates have risen against the dollar. American, according to a statement on the International Monetary Fund's website.
Lagarde said that the expected recovery in global growth later this year is a risky recovery, and exposed to the risks of negative developments, including aspects of uncertainty in several things, such as exit. UK from the European Union, high debt in some sectors and countries, trade policy tensions, and anxiety in financial markets.
The Director of the International Monetary Fund pointed to a number of challenges facing the global economy, on top of which is corruption.
She said that the annual cost of bribery alone amounts to more than $ 1.5 trillion, or about 2% of global GDP, while money laundering and terrorist financing represent two other dangerous dimensions. For the same problem, which the Fund continues to work on with more than 100 member countries.
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