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Business Matters: Lowest growth in 30 years ahead, warns IMF

Lowest growth in 30 years ahead, warns IMF

07/04/2023 GMT

BBC World Service - Business Matters, Lowest growth in 30 years ahead, warns IMF

IMF Chief describes road ahead as "rough and foggy"

The IMF predict 3% global growth for the next 5 years, the slowest since 1990.

Head of the IMF Kristalina Georgieva describes road ahead as "rough and foggy" while predicting describes road ahead as "rough and foggy".

She was speaking in Washington ahead of the IMF's annual meeting, and called for more help for low-income countries.

Will Bain discusses this and other business stories from around the world with Peter Jankovskis at Arbor Financial Services in Illinois, and Alicia Garcia-Herrero, Chief Economist at Natixis in Hong Kong.

(Picture: A man walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, U.S., May 10, 2018. Credit: REUTERS/Yuri Gripas/File Photo)

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