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 ‘Robust' US has helped improve global economic outlook, IMF chief says
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Strong growth in the United States has helped to lift the outlook for the world economy, according to International Monetary Fund (IMF) Managing Director Kristalina Georgieva. The US economy grew by 2.5 percent last year, outstripping most other advanced economies. Georgieva stated that robust household consumption, business investment, and an easing of supply chain problems contributed to the growth. She also mentioned rising geopolitical tension and the challenges of growing public debt and a broad-based slowdown in productivity. The IMF expects global growth to rise by 3.1 percent in 2024 and 3.2 percent in 2025. Georgieva called for steps to bring global inflation and public debt back down to sustainable levels and boost productivity.

#UsEconomy #GlobalEconomy #Imf #EconomicGrowth #Productivity #Inflation #PublicDebt #GeopoliticalTension

https://www.voanews.com/a/robust-us-has-helped-improve-global-economic-outlook-imf-chief-says-/7565802.html