The global economy is resilient amid multiple shocks, IMF MD Kristalina Georgieva recently said.
Stubbornly low growth, high debt and rising uncertainty continue to hold back countries, especially the poorest, she noted.
“The global economy is doing better than we feared, but worse than we need,” she told the G20 Leaders’ Summit.
But it remains below pre-COVID levels, while debt is ‘exceptionally high’.
Stubbornly low growth, high debt and rising uncertainty continue to hold back countries, especially the poorest, she noted.
“The global economy is doing better than we feared, but worse than we need,” she told the G20 Leaders’ Summit.
But it remains below pre-COVID levels, while debt is ‘exceptionally high’.
