As per International Monetary Funds, the world economy is slashing specified in its report “The Global Prospects and Policy Changes”. Recently in a meeting along with the finance chiefs of powerful group of 20 economies. During the meeting, the IMF forecasted that the world economy is “Highly Vulnerable” and the countries have to commence campaigns to support various vulnerable countries.
During the meeting lender of world’s economic crisis said specifically that as the world economy is quite slow and various other market crashes across the geopolitical scenario might lead to a conflict in the business of the various premier countries. As the financial market is going through a havoc, slow recovery globally and falling asset prices have been a concern of the world as per International Monetary Funds.