The head of the International Monetary Fund cautioned on Thursday that high government debt and low growth remained major impediments to the global economy. Managing Director Kristalina Georgieva commended the work of major central banks in taming inflation,

The International Monetary Fund warned that wars, trade tensions, high debt and low growth threaten to prolong a lackluster economic era and leave nations without the resources to reduce poverty and confront climate change.

IMF Managing Director Kristalina Georgieva outlines a challenging outlook for the global economy, marked by slow growth, rising debt, and increasing trade barriers. Despite these hurdles, global trade and cooperation remain crucial to stabilizing economic conditions and addressing issues like inflation and development aid.

Global economies face a period of lacklustre growth and pressure from rising debt piles, the head of the International Monetary Fund (IMF) has warned. In an assessment that may chime with Chancellor Rachel Reeves as she ponders her first budget,

The head of the IMF said the global economy is on track for a soft landing, but the outlook for growth is tepid and rising trade barriers are a headwind.

Kristalina Georgieva, has presented a gloomy forecast for the global economy ahead of the organization's annual meeting next week. There is low growth coupled with high debt, the IMF chief said in Washington on Thursday.