IMF And Global Growth

Key countries in the International Monetary Fund (IMF) have pledged to pursue "growth-friendly" policies to kickstart the slowing world economy.

The IMF's steering committee, made up of 25 of the world's largest economies, said the global outlook was fraught because of weak trade and a series of risks including a UK exit from the EU.

It urged countries to boost public spending and avoid deflation.

The IMF last week made its second cut to global growth forecasts this year.