Despite the recovery for many economies, there's still plenty to worry about
IMF's Georgieva says there's 'plenty to worry about' despite recovery for many economies. Head of the International Monetary Fund says the world economy has proven surprisingly resilient in the face of higher interest rates and the shock of war in Ukraine and Gaza. But “there is plenty to worry’ about,″ including inflation and rising levels of government debt.
IMF's Georgieva says there's 'plenty to worry about' despite recovery for many economies. The flipside of unexpectedly strong economic growth is that it 'taking longer than expected'' to bring inflation down, she says. She also warned that government debts are growing around the world.
IMF nudged its global growth outlook slightly higher to 3.2% in 2024. IMF economist says it would take 'a lot to derail' if a global recession were to be 'deteriorated' The Washington DC-based institute this week nudged it slightly higher.