IMF chief says global economy shows positive momentum, warns of risks ...Middle East

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WASHINGTON: Kristalina Georgieva, managing director of the International Monetary Fund (IMF), said Thursday that although the IMF raised the global growth forecast, there’s still a need “to be mindful of risks,“ reported Xinhua.At a media roundtable at IMF headquarters in Washington D.C. on Thursday, the IMF chief said that with conflicts still going on between Russia and Ukraine, and Israel and Hamas, the complex geopolitical situation still brings uncertainties to the global economic outlook.The IMF upgraded the global growth forecast to 3.1 per cent in 2024, 0.2 percentage point higher than the projection in October 2023, Georgieva said.On the shipping disruptions in the Middle East, the

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