Thailand prepares to host IMF-World Bank meetings
- Finance officials are meeting in Bangkok as the Middle East war, energy disruptions, inflation, and rising interest rates threaten weak global growth.
- The IMF says global public debt is at its highest level since World War Two and will exceed 100% of global GDP before 2030.
- Groups in Bangkok are calling for debt cancellation, climate reparations, and changes to international economic policies.
66 Articles
66 Articles
The US-Israeli war on Iran, the energy shock and record public debt will dominate the annual meetings of the International Monetary Fund and the World Bank in Bangkok. Finance ministers, central bankers and representatives of international institutions will discuss risks to global growth amid high interest rates and persistent inflation. The annual meetings will be held from October 12 to 18, Reuters reports. The conflict in the Middle East is e…
Financial officials from around the world will gather in Thailand from October 12 to 18 against a backdrop of expanding war in the Middle East, the biggest energy supply shock in history and rising interest rates, which together pose serious risks to global economic growth that has already slowed, the British agency Reuters reported.
The International Monetary Fund (IMF) and the World Bank will assess the challenges facing the global economy at their annual meetings, in a context where geopolitical tensions are deepening uncertainties and rising energy costs are keeping inflationary pressures alive.
Middle East War and Global Debt Crisis Set to Dominate IMF-World Bank Meetings in Bangkok
Finance officials from around the world are meeting in Thailand this week amid significant global challenges, including an ongoing war in the Middle East, a major energy supply crisis, and rising interest rates, which threaten the already weak global economic growth. The conflict involving the US, Israel, and Iran, now continuing for eight months, significantly […]
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