IMF urges nations to secure stronger recovery

The IMF has urged nations to move ahead more quickly on policies needed to secure a stronger recovery and avoid a prolonged global slump.

In a Global Policy Agenda for the world’s economies, the IMF outlined a long list of tasks that remain incomplete, from reining in shadow banking risks in China to speeding up financial reforms.

The fund also said it was “utterly disappointed” the US again failed to pass historic reforms to the IMF, meant to give more power to emerging markets.