The International Monetary Fund on Friday warned there was an elevated risk that advanced economies could fall back into recession.

In a note prepared for the G20 summit in Cannes, France, last week but published only on Friday, the IMF said the economic recovery in advanced economies remains in low gear.

Policy paralysis and incoherence have contributed to exacerbating uncertainty, a loss of confidence, and heightened financial market stress, the IMF said.

(Reporting by Lesley Wroughton; Editing by James Dalgleish)