IMF’s Lagarde warns G20 to avoid ‘self-inflicted’ wounds

WASHINGTON, D.C.: IMF chief Christine Lagarde on Tuesday (Wednesday in Manila) warned the world’s largest economies to avoid damaging the incipient global recovery with policies that would derail trade and immigration.

In a message to the Group of 20 finance ministers ahead of their meeting this week, Lagarde said the world economy is on the road to recovery, “But it would be a mistake to assume that it will automatically return” to good health.