The IMF, seeking to prevent the global economy from settling into a "new mediocre," has published a new work program that lays out its strategic priorities for the period ahead.
A key focus of the agenda discussed by the IMF's Executive Board on November 24 will be to spur inclusive, job-rich growth. The new work program stresses the need to manage monetary normalization in advanced economies, enhance the quality of public expenditure, safeguard financial stability, and carry out structural reforms to raise productivity and strengthen growth.
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