IMF chief: Global economy better than a year ago

International Monetary Fund managing director Christine Lagarde says that while a substantial portion of the global economy appears better now than a year ago, some risks persist.

“Growth continues to strengthen and broaden among the emerging and developing economies,” and momentum is starting to pick up in the US, Lagarde said yesterday in remarks at the Boao Forum for Asia, in the southern Chinese province of Hainan.

Lagarde said she was giving a preview of the IMF’s World Economic Outlook report due next week, without providing numbers.