Growth precarious Global Economy Uncertain International Monetary Fund and the world bank kick off their annual Spring Meetings with warnings to the world. Also coming up after months of disagreements the evil has greenlighted trade talks with the us setting the stage for the real challenge convincing washington to agree to a deal. And is set to be one of the biggest Oil Refineries in the world built by the richest man in africa but will it be good for nigeria our correspondent funny for scharf went to find out. Welcome to the business im joined now the Melanin Brylin good to have you with us its a recurring refrain by now but with undiminished urgency at a News Conference marking the start of their annual Spring Meetings the
International Monetary fund and the world bank said seventy percent of the Global Economy is caught in a slowdown Trade Tensions that distrust and for policy making arent helping either well talk to our correspondent in washington in a moment but first this report
expects the world economic growth rate to decline this year to three point three percent but god also warned the developing countries are not benefiting from growth in industrial nations to the same extent they have in the past. joining us now is our washington correspondent allen versus khalid he was at the i.m.f. world bank news conference i ll have a good see you now the guard s warnings there against punitive trade measures but of a side swipe at donald trump no. well she did not mention donald trump s name and neither did she mention the united states but it became pretty clear what she was actually talking about when she said that one of the major topics here discussed at the spring meetings are political risks and the role they play for the global economy and she she then also suggests that a variety of policies to be implemented to improve the global economy and in the outlook right now and those are for instance of bringing an end to the ongoing