How the election of Trump or Harris will affect the EU economy – Tariffs and the China factor
If tariffs escalate, IMF models show "there will be costs for everyone," said deputy managing director Gita Gopinat
IMF: global public debt will reach $100 trillion by the end of 2024
IMF expects debt to approach 100% of GDP by 2030 and warns that governments will have to take tough decisions to stabilise borrowing
IMF maintains forecast for 3.2% growth in the global economy this year
The Fund stresses, however, that the global outlook will remain weak for the next five years because momentum in Asian economies is expected to weaken