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African ministers say the region is ready to ‘contribute to the global growth’

Africa’s economic outlook is brighter than ever and the continent is positioned to help boost global growth for the first time in history, African officials said Saturday. Speaking on the sidelines of the spring meetings of the International Monetary Fund and World Bank in Washington, officials from Cameroon and Nigeria…

IMF: Global growth forecast slashed unless politicians restore confidence

The International Monetary Fund has cut its global growth forecasts for this year and 2013 and called on politicians in the eurozone and the US to take “decisive” steps to restore confidence, a German newspaper said Friday. Citing excerpts from the IMF’s World Economic Outlook to be released early next…

IMF chief warns over slowing global growth

International Monetary Fund chief Christine Lagarde on Friday warned that the global economy was slowing, with a soon-to-be published growth outlook lower than earlier forecasts. “What I can tell you is that it will be tilted to the downside and certainly lower than the forecast that was published three months…