IMF warns global economy ‘could soon test the limits of resilience’
The IMF warns that the global economy is nearing its resilience limits due to depleted oil reserves and overstretched government budgets. While growth has remained stable despite the US-Iran conflict, the organization cautions that further geopolitical shocks could trigger significant price and supply disruptions.
Why it matters
Global economic stability is currently threatened by energy supply vulnerabilities and geopolitical tensions, which could impact inflation and growth worldwide.
The ExxonMobile refinery near Joliet, Illinois, US. The plant has been receiving crude from the US strategic reserve to make up shortfalls in imports.-EFE The ExxonMobile refinery near Joliet, Illinois, US. The plant has been receiving crude from the US strategic reserve to make up shortfalls in imports.-EFE International Monetary Fund (IMF) IMF warns global economy ‘could soon test the limits of resilience’ World Economic Outlook says states’ oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026
Threat of AI share crash puts world financial stability at risk, says IMF
Prefer the Guardian on Google The global economy “could soon test the limits of resilience”, as emergency oil stocks run low and government budgets become overstretched, the International Monetary Fund has warned.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in