Christine Lagarde: Global economic recovery 'too slow'

Christine Lagarde: Global economic recovery 'too slow'

The global economic recovery is "too slow" and "too fragile", according to the head of the International Monetary Fund.

IMF managing director Christine Lagarde has warned about a "loss of momentum" in the world economy.

The IMF has already hinted it will cut its current global growth forecast for this year when it publishes new figures next week.

“The good news is that the recovery continues; we have growth; we are not in a crisis,” said Lagarde said.

“The not-so-good news is that the recovery remains too slow, too fragile, and risks to its durability are increasing.”

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