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Global cooperation and growth are gaining strength but the “wrong [policies] could stop the new momentum in its tracks,” stressed International Monetary Fund Managing Director Christine Lagarde in a statement issued after the meeting of  G-20 finance ministers and central bank governors.

“We met at a time when growth is gaining momentum around the world and there are signs that the global economy has reached a turning point, even though uncertainties remain,” Lagarde noted.

According to her, strong monetary, fiscal and structural reform policies are critical to the global economy.

“Global cooperation and pursuing the right policies can help achieve strong, sustained, balanced, and inclusive growth,” Lagarde said.

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