IMF, World Bank meetings clouded by wars, slow economic growth, US election

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WASHINGTON, Oct 21 — Global finance chiefs will gather in Washington this week amid intense uncertainty over wars in the...

US Vice President Kamala Harris, the Democratic presidential candidate, is largely expected to continue the Biden administration’s resumption of multilateral cooperation on climate, tax and debt relief issues if she wins next month’s vote.

IMF Managing Director Kristalina Georgieva last week flagged a lacklustre outlook, saying the world, saddled by high debts, was headed for slow medium-term growth, and pointing to a “difficult future.

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Category: EconomyBusiness

Markets: MalaysiaChinaEgyptIndiaIsraelJordanLebanonMoroccoUkraine

Topics: World Bank International monetary fund IMF

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 21:00:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 766 words

Reading Time: 5 minutes read

Sentences: 23 lines

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Copyright Owner: © Malay Mail

News ID: 23243919

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