Finance Chiefs See Growth at Risk

The G20 meeting showed increased optimism compared to earlier in the year, with global risks stabilizing and stock markets rising. Christine Lagarde described the talks as collective therapy, though caution remains. Policymakers pledged to use all available tools, including monetary, fiscal, and structural reforms, to stimulate growth. Brexit emerged as a major concern, with potential immediate and long-term impacts on the global economy. The Reserve Bank of India noted mixed economic conditions, and the IMF recently cut its global outlook, highlighting vulnerabilities to negative shocks.

What was the general sentiment of the G20 meeting compared to the previous one in Shanghai?

• Unchanged

• Indifferent

• More optimistic

• More pessimistic

What did Christine Lagarde refer to the G20 talks as?

• A policy discussion

• Collective therapy

• A strategic meeting

• A financial summit

What was one of the major concerns discussed in Washington during the G20 meeting?

• The stabilization of risks

• The potential exit of the UK from the EU

• The rise of global stocks

• The easing of volatility indexes

What did the Reserve Bank of India say about the global economic situation?

• It is entirely stable

• It is mixed with macroeconomic struggles

• It is completely unpredictable

• It is improving rapidly

Why did the IMF cut its global outlook recently?

• Due to rapid economic growth

• Because of increased global stability

• Because of a strong global economy

• Due to vulnerability to negative shocks