From left: Nigeria’s President Bola Ahmed Tinubu, Malaysia”s Prime Minister Anwar Ibrahim and IMF Managing Director Kristalina Georgieva sit on a panel during the World Economic Forum Special Meeting in Riyadh on Sunday. AFP
Kristalina Georgieva, managing director of the International Monetary Fund, pinpointed two significant challenges threatening global development during a meeting in Riyadh on Sunday: a growth rate she described as “really weak by historical standards”, and a “significant divergence” in economic performance among nations.
Speaking at a panel during a two-day special meeting of the World Economic Forum, Georgieva said: “Some countries doing really well and others falling behind. Unless we tackle these two problems, we may end up this decade, being remembered as the turbulent ’20s or the tepid ’20s, when what we really want is…
