First Deputy Managing Director Lipton also shrugged off the view that monetary policy was nearing its limit across economies
Consumption growth has remained strong and activity in core industrial sectors has picked up.
Global debt, both public and private, reached 225% of global economic output last year
Current debt levels now sit at a record 225% of world GDP
Lagarde said last week that policy makers attending the October 7-9 annual meeting of the IMF and World Bank have two tasks
IMF's Lagarde says inclusion reflects progress made by China
Christine Lagarde said that the benefits of free trade in terms of lifting productivity were being drowned out by the chorus of opposition
IMF expected that China's economic transition will be positive overall for global economy
IMF Managing Director Christine Lagarde said that without substantial anti corruption and reform efforts from officials in Kiev, a resumption of funding could be difficult
The Fund plans to send a staff team to the country at the end of this month to review the situation
Earlier this week, the IMF marginally lowered India's growth forecast to 7.4% for 2016 and 2017, from the 7.5% in April
Out of nine 'reform priorities' taken under consideration by the IMF for various countries, India has been found to have done well on three
IMF wants advanced economies like Germany and the US to channel more public spending into infrastructure investment
Says corporate and bank balance sheet woes, slow reforms, sluggish exports worrying
The government expected economic growth in the range of 7-7.75 per cent for the current financial year
The global lending agency also said that Brexit has resulted in global economic uncertainty
It will also focus on maintaining the peg of the Iraqi currency to the US dollar, while slowly removing exchange restrictions
Under the terms of approval an immediate disbursement of $634 million will be done under the program
IMF had warned before the referendum that the British economy could shrink to 0.8% in 2017 if it leaves EU
She said, 'We support commitments of BoE and ECB to supply liquidity to banking system, curtail excess financial volatility