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World risks falling into slow-growth rut: IMF chief
Business Standard
|October 25, 2024
The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, Kristalina Georgieva, the head of the International Monetary Fund (IMF) warned on Thursday.
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She also urged Chinese leaders to take more decisive action to jump-start their country's sluggish economy or risk seeing economic growth plummet.
"These are anxious times," the fund's managing director, Georgieva, told reporters during the fall meetings of the IMF and its sister agency, the World Bank. The IMF forecasts that the global economy will expand this year at what Georgieva called an "anemic" 3.2 percent.
Diese Geschichte stammt aus der October 25, 2024-Ausgabe von Business Standard.
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