TOKYO — International Monetary Fund Managing Director Christine Lagarde said Friday that the fund will cut its forecast for global economic growth in a quarterly assessment to be released this month.
She did not say which nations or regions were contributing to the lowered assessment for 2012, characterizing it as “tilted to the downside” compared with the IMF’s 3.5 percent global growth projection given three months ago.
“In the IMF’s updated assessment of the world economy, to be released 10 days from now, the global growth outlook will be somewhat less than we anticipated just three months ago. And even that lower projection will depend on the right policy actions being taken,” she said Friday.
She declined to give more details.
” ‘Tilted’ means that there is not an enormous variation, but it’s a negative variation. And clearly, certain regions of the world are more affected than others,” she said.
