International Monetary Fund (IMF) Managing Director Kristalina Georgieva. - Xinhua
WASHINGTON (Xinhua): The global economy is in a multi-speed recovery increasingly powered by China and the United States, the world's two largest economies, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Tuesday (March 30).
"While the outlook has improved overall, prospects are diverging dangerously not only within nations but also across countries and regions," Georgieva said in a curtain raiser speech ahead of the 2021 virtual spring meetings of the IMF and the World Bank scheduled next week.
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