IMF Urges Bold Reforms as Global Debt Nears 100% of GDP
The International Monetary Fund, IMF, has expressed concern at the mounting global economic uncertainties and debt burden, charging policymakers to act boldly to decrease debt, rebuild financial buffers and rebuild public trust, tax fairly and spend wisely with a long term plan. In the latest Fiscal Monitor published yesterday in Washington, USA, the IMF warns […]
IMF: Global Growth to Decline to 2.8% in 2025 Amid Trade tensions
The International Monetary Fund, IMF has projected a shrinking global growth and declining world inflation, occasioned by heightened uncertainties and key policy adjustments. IMF’s Chief Economist, Pierre-Olivier Gourinchas who announced this yesterday in Washington DC, USA, while giving the fund’s global economic outlook, also downgraded the 2025 U.S. growth forecast to 1.8%, down from 2.7% […]
