What the IMF’s forecasts mean for the Middle East

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?   Read more 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 Subscribe to Business Extra for free to receive new episodes every week Apple Podcasts | Google Podcasts | Spotify | Podbean