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?






 





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

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