IMF's Georgieva warns of persistent inflation, rising government debt, and aging labor forces as potential threats to global economic resilience, projecting 3.2% global growth in 2022.
IMF's Georgieva highlights persistent inflation, rising government debt, and aging labor forces as potential threats to global economic resilience. Despite the world economy's surprising resilience in the face of challenges like higher interest rates and global conflicts, the IMF expects global economic growth to reach 3.2% in 2022, with a similar growth rate projected for 2023 and 2025. IMF chief Georgieva emphasizes the need for countries to improve tax collection and public spending to build fiscal resilience for future crises.
April 18, 2024
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