{
Jihad Azour

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IMF warns of slowing global growth and rising debt challenges ahead

The IMF forecasts global growth to remain at 3.3% in 2025, slowing to just above 3% over the next five years, with MENA growth rebounding to 3.6% due to increased oil production and easing conflicts. However, rising global public debt is projected to reach 100% of GDP by 2030, with many MENA countries exceeding 70%, risking a low-growth, high-debt scenario. Key challenges include job creation, social safety nets, and economic diversification, while digital innovation, particularly AI, is expected to significantly boost the UAE’s GDP by 2030.
Finance Middle East
United States Dollar ARE Kristalina Georgieva Jihad Azour
Finance & Economy, News Article
17:44 10.02.2025
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