IMF predicts darkening outlook for global economy, $4 trillion loss ...Middle East

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The International Monetary Fund (IMF) is predicting an increasingly gloomy global economic outlook for the coming years, projecting a $4 trillion loss in global output from now to 2026. Kristalina Georgieva, the managing director of the IMF, said in remarks at Georgetown University on Thursday that the world is seeing a “fundamental shift” in the global economy from relative predictability to greater uncertainty. She said the IMF predicted a strong economic recovery from the COVID-19 pandemic as global growth reached 6.1 percent in 2021. Most economists thought the recovery would continue and inflation would subside with vaccine access helping restore supply chains, but multiple e

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IMF predicts darkening outlook for global economy, $4 trillion loss ...Middle East

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