IMF: World economy ‘resilient’ but conflict risks food and energy price hikes
The global economy has been “remarkably resilient” over the past two years but the escalation of conflict in the Middle East risks pushing up food and energy prices across the world, according to the International Monetary Fund (IMF).
The UK will eke out slower growth this year than previously thought and remain the second-worst performer in the G7 group of advanced economies, new forecasts showed.
The IMF said the global economy has had an “eventful” journey in the years since the Covid-19 pandemic.
Despite many
