Show notes
The head of the IMF, Kristalina Georgieva, this week starkly warned of the possibility of a global recession during the organisation’s annual meeting in Washington DC. “We cannot possibly allow inflation to become a runaway train - it’s bad for growth and bad for people,” she said. “Bad especially for poor people.” The National's Editor-in-Chief Mina Al-Oraibi and US correspondent Willy Lowry discuss the IMF's reduced growth projections for the year ahead - and ask: what does it mean for the Middle East? Read more on our website:
- IMF cuts 2023 growth forecast and warns 'worst is yet to come'
- US inflation hits 40-year high
- IMF chief warns of risks of 'runaway' inflation
Subscribe to Business Extra for free to receive new episodes every week
