IMF warns global economy 'could soon test the limits of resilience'
The Fund's World Economic Outlook says emergency oil stocks are low and government budgets are overstretched, even as it upgrades the UK's 2026 growth forecast.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
The global economy "could soon test the limits of resilience", the International Monetary Fund has warned, as emergency oil stocks run low and government budgets become increasingly overstretched.
In its twice-yearly World Economic Outlook, the IMF said global growth had withstood the impact of the Middle East conflict better than many had feared over the past year, but cautioned that the margin for absorbing further shocks was narrowing.
The Fund's report also upgraded its forecast for UK GDP growth in 2026, even as it flagged ongoing risks tied to energy markets and fiscal pressures facing governments worldwide.
Separately, the United Nations has warned that developing nations face a "triple shock" from the combined pressures of conflict, high energy costs and tightening financial conditions.
Sources
- IMF warns global economy ‘could soon test the limits of resilience’ — The Guardian — World
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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