IMF warns global economy ‘could soon test the limits of resilience’

The International Monetary Fund has issued a warning that the global economy may soon reach its resilience limits, citing critically low emergency oil stocks and strained government budgets as key concerns. Despite initial fears, global growth has proven more stable than expected in recent months amid ongoing geopolitical tensions. Meanwhile, the IMF has revised upward its GDP growth forecast for the UK in 2026, signaling cautious optimism for one major economy. Developing nations, however, are facing a compounded economic challenge, according to a separate UN alert.

World Economic Outlook says states’ oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026Developing nations face triple shock, UN warnsThe 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.In its twice-yearly World Economic Outlook, the IMF said global growth had withstood the Middle East conflict better than feared over the past six months. Continue reading...