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IMF sees global economy on track for recovery

The crisis in the global economy is now less severe than was the case in June, and this makes IMF make a small upgrade in its 2020 forecast, says acting managing director.

Photo: China Stringer Network/Reuters/Ritzau Scanpix

The crisis in the global economy is now less dire than it was in June, and the International Monetary Fund, IMF, will a slight positive upgrade to its 2020 forecast about global activity, said the acting managing director of IMF, Kristalina Georgieva, in a speech Tuesday at the London School of Economics.

"My key message is this: The global economy is coming back from the depths of this crisis," she said.

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