Without explicitly urging Britons to vote "Remain", she said
there was a clear case by most economists against Brexit.
"It has been said that 'it takes great courage to see the world
in all its tainted glory, and still to love it.' So I wish bon
courage to our fellow Europeans from the United Kingdom!"
Lagarde said in a speech in Vienna.
The International Monetary Fund delayed a report on Britain's
economy, due on Thursday, for 24 hours due to the murder of
Labour member of parliament and "Remain" campaigner Jo Cox.
Referendum campaigning in Britain remains suspended.
Lagarde said the IMF was "neutral" in Britain's highly charged
political debate, but that the facts spoke for themselves.
"I certainly hope that from our neutral position we can at least
shed some light on the economic value of one choice or the
other," Lagarde said, adding that most British people had
benefited from EU membership.
"We have reached our determination and certainly concluded that
the economic risks of leaving are firmly to the downside," she
said, later declining to elaborate in a panel discussion with
Austrian Finance Minister Hans Joerg Schelling.
(Reporting by Kirsti Knolle and Francois Murphy; Editing by
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