Reported about 1 month ago
The International Monetary Fund's Managing Director, Kristalina Georgieva, warned that the global economy is vulnerable to a slow-growth, high-debt scenario due to geopolitical tensions and conflicts. She called on China to implement decisive reforms to stimulate its stagnant economy, projecting that China's growth could fall below 4% without intervention. Despite challenges, Georgieva noted progress in controlling inflation, suggesting a potential soft landing for many economies, although ordinary citizens still face economic uncertainty.
Source: YAHOO