WASHINGTON, April 14 (Xinhua) -- The Development Committee, a ministerial-level forum of the World Bank and the International Monetary Fund (IMF), said that global trade growth has weakened, while investment prospects have softened, urging countries to address these concerns.
In a communique issued on Saturday at the close of the institutions' Spring Meetings in Washington, the Development Committee said it reiterates the important role of international trade and investment as engines of growth, productivity, innovation, job creation and sustainable development.