Washington DC – As world leaders arrive in Washington, DC for the IMF and World Bank Spring Meetings, the IMF releases its flagship World Economic Outlook report, where it warns of risks for the global economy.

Eric LeCompte, Executive Director of the religious development group Jubilee USA Network and a United Nations finance expert who monitors IMF meetings since 2010, releases the following statement on the IMF Meetings and World Economic Outlook Report:

"This a report full of bad news for the global economy.

"The report is saying because of trade tensions, debt challenges and possible increases in inflation, we could lose the modest gains in economic growth we achieved.

"We have entered a high risk and low reward economy for most of us."

Read the full World Economic Outlook Report here.

Read Jubilee USA's press release on IMF chief Kristalina Georgieva's curtain raiser speech here. 

Read Jubilee USA's statement on the passing of Pope Francis who had focused this year's Church efforts on debt relief and IMF reform here.