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.

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.