10 Hrs
Source:
اقتصاد سكاي نيوز عربية
Gorgieva: Global economy recovers from energy shock
The Director of the International Monetary Fund, Kristalina Georgieva, stated that the global economy is performing better than expected in the face of the energy shock caused by the Iran war, despite the deterioration of financial conditions in some countries, rising bond yields, and a slowdown in inflation. She pointed to a balance between the impact of the energy supply shock from the Gulf and supportive growth factors such as investments in artificial intelligence. However, she warned of the potential for oil prices to rise again, which could fuel inflation and force central banks to tighten monetary policy. She called for addressing governments' financial issues to ensure debt sustainability, noting that the increase in US Treasury bond yields reflects mounting financial pressures.
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