IMF chief Kristalina Georgieva says prospects for medium-term global economic growth remains weak

She also said debt restructuring process for vulnerable nations needs to be speedier and more effective.

IMF chief Kristalina Georgieva. Credit: Reuters Photo

Global economic activity is slowing, especially in manufacturing sector and medium-term growth prospects remain weak, the chief of the International Monetary Fund (IMF) told financial leaders of the Group of 20 on Tuesday.

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IMF chief Kristalina Georgieva also said debt restructuring process for vulnerable nations needs to be speedier and more effective.