Trade wars weigh on global economy: IMF

The IMF management’s approved of a 10-month non-financing SMP for Zimbabwe, a programme aimed at consolidating recent economic stabilisation gains, improving macroeconomic management, and supporting the country’s re-engagement efforts with the international community.

Advertisements THE IMF says the escalation of trade tensions and policy uncertainty are expected to have a significant impact on global economic activity this year.In its world economic outlook report for April released this week Tuesday, the Bretton Woods Institution projected a decline in global economic growth by 0,5 percentage points to 2,8 percent.The Washington…

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