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Brexit delay averts 'terrible outcome,' says IMF's Christine Lagarde

Updated : April 12, 2019 07:01 AM IST

The just-struck arrangement would not resolve the issues between Britain and the EU, IMF managing director Christine Lagarde said at a news conference during the IMF and World Bank spring meetings in Washington.
Earlier on Thursday, EU leaders gave Britain another six months to sort out its departure from the 28-member bloc, but the reprieve offered no clarity on when, how, or even if Brexit will happen.
While knock-on effects of the Brexit saga are rippling around the world to one extent or another, the three years since the June 2016 referendum to leave the EU have weighed most heavily on Britain.
Brexit delay averts 'terrible outcome,' says IMF's Christine Lagarde
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