Russia: 'Global economy is at point we haven't seen for past 10 years' — Lagarde at SPIEF

Head of the International Monetary Fund Christine Lagarde said that «the global economy is at a point we have not seen it for the past 10 years, so it grew last year at a pace of 3.8 percent,» speaking at a Saint Petersburg International Economic Forum (SPIEF) panel on Thursday. She added that «growth is up and it's pretty much on a par with where it was before the financial crisis.» The three... Еще-day St. Petersburg International Economic Forum opens today in Russia’s second largest city with representatives from over 70 countries attending the event. Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe and IMF Managing Director Christine Lagarde are among the participants of the forum. Held annually since 1997, and under the auspices of the Russian president since 2005, SPIEF is a leading business event for the global economic sector. The forum brings together the heads of international organisations, well-known public figures, leading academics, experts and the media.

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