IMF chief says world economy faces multiple risks despite resilience New York: The world economy faces risks from stubborn inflation, higher debt service cost and artificial intelligence (AI) investment though it has proven to be more resilient than many feared, according to Kristalina Georgieva, managing director of the International Monetary Fund (IMF). Speaking in a […]
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Despite acknowledging the stable growth of the global economy, the IMF warns countries to remain vigilant about the "new normal" with risks from persistent inflation and investment in AI. Global economic forecast: Growth prospects remain downward. The global economy stands firm after the Hormuz shock. The world economy is moving at "two speeds," and the gap between rich and poor is becoming increasingly apparent.