LAGARDE: Global growth will be 'disappointing and uneven' in 2016
REUTERS/Mariana BazoInternational Monetary Fund (IMF) Managing Director Christine Lagarde talks at the session: 'Implementing the Post-2015 Development Agenda' at the 2015 IMF/World Bank Annual Meetings in Lima, Peru, October 10, 2015.
BERLIN (Reuters) - Global economic growth will be "disappointing" next year, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.
"In many countries the financial sector still has weaknesses and in emerging markets the financial risks are increasing. All of that means global growth will be disappointing and uneven in 2016," IMF Managing Director Christine Lagarde said.
She added that low productivity, aging populations and the effects of the global financial crisis were putting the brakes on growth, which has weakened the medium-term prospects.
(Reporting by Michelle Martin; Editing by Andrew Heavens)
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