The International Monetary Fund warned that wars, trade tensions, high debt and low growth threaten to prolong a lackluster economic era and leave nations without the resources to reduce poverty and confront climate change.

The head of the International Monetary Fund cautioned on Thursday that high government debt and low growth remained major impediments to the global economy.

Kristalina Georgieva, has presented a gloomy forecast for the global economy ahead of the organization's annual meeting next week. There is low growth coupled with high debt, the IMF chief said in Washington on Thursday.