IMF chief cautions that elevated prices are permanent in the face of sluggish growth and increasing debt | Business News

IMF chief cautions that elevated prices are permanent in the face of sluggish growth and increasing debt | Business News

Global economies face a period of lackluster growth and pressure from rising debt piles, the head of the International Monetary Fund (IMF) has warned. In an assessment that may chime with Chancellor Rachel Reeves as she ponders her first budget, managing director Kristalina Georgieva warned that growth will not deliver the tax revenues required to … Read more