00:00The International Monetary Fund, or IMF, warns that the global economy could face a much worse outcome
00:07if the conflict in the Middle East drags into 2027 and oil prices hit around $125 per barrel.
00:15IMF Managing Director Kristalina Georgieva says current projections of 3.1% global growth
00:21and 4.4% inflation are becoming less likely with each passing day.
00:28However, she noted that long-term inflation expectations remain stable for now
00:34and financial conditions have not tightened significantly.
00:38The IMF has outlined three possible scenarios for global growth in 2026 and 2027.
00:45In the adverse scenario, global growth slows to 2.5% while inflation rises to 5.4%.
00:52Under a more severe scenario, growth drops further to 2%, with inflation climbing to 5.8%.
01:00Thank you very much.
01:00Thank you very much.
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