The head of the International Monetary Fund says strong economic activity in the United States and emerging markets is projected to help drive global growth by about 3% this year. That's below the annual historic average and a warning sign about potential lackluster performances through the 2020s.
FILE - Kristalina Georgieva, Managing Director of the International Monetary Fund takes part in a panel discussion at the Annual Meeting of World Economic Forum in Davos, Switzerland, Jan. 17, 2024. Strong economic activity in the United States and emerging markets is projected to help drive global growth by about 3% in 2024, the International Monetary Fund chief said Thursday, below the annual historic average and a warning sign about potential lackluster performances through the 2020s.
“The scars of the pandemic are still with us. The global output loss since 2020 is around $3.3 trillion, with the costs disproportionately falling on the most vulnerable countries,” she said. “Global growth is marginally stronger on account of robust activity in the United States and in many emerging market economies,” Georgieva said.President Milei of cash-strapped Argentina starts another US tour, plans to meet Elon Muskspring meetings
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