By Peter OBIORA InvestAdvocate

Lagos (INVESTADVOCATE)-Christine Lagarde, managing director (MD) of the International Monetary Fund (IMF) has said that despite the strengthening in global activities, recovery is uneven and remains too weak for comfort.

Lagarde in her global policy agenda (GPA) presented semi-annually to the IMF and the financial committee (FC) identifies the policy challenges faced by the membership and outlines policy responses that are needed at the global and country level to address these challenges.

According to IMF chief, key challenges include risks from a lasting rise in capital flow volatility for emerging and frontier economies and very low inflation in advanced economies, especially the euro area. Creating a more dynamic, job rich global economy remains our collective goal.

‘’For this, policymakers should manage the recovery more actively and reinforce their cooperation to minimize negative spillovers and promote financial stability,’’ she said.