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Lagarde Says Trump’s Fiscal Plans Likely to Boost U.S. Economy

  • ‘High probability’ of fiscal boost in next two years: Lagarde
  • African nations worried about change in U.S. policy, she says
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Trump: We Will Cut Taxes Massively

President Donald Trump’s plans to overhaul the U.S. tax system and increase infrastructure spending should accelerate growth in the world’s biggest economy over the next two years, said International Monetary Fund Managing Director Christine Lagarde.

“We think there is a high probability of that in the next couple of years,” Lagarde said Friday in an interview in Kampala, the capital of Uganda, where she met President Yoweri Museveni.