Geopolitical tensions, trade wars and falling migration among key threats to world economy, says IMF 

Chief economist of the IMF warned that risks are now tilted to the downside, with lacklustre GDP growth forecasted for 2024 
Geopolitical tensions, trade wars and falling migration among key threats to world economy, says IMF 

The logo of the International Monetary Fund is visible on its building in Washington. (AP Photo/Andrew Harnik, File)

The battle against inflation is almost won, chief economist of the International Monetary Fund (IMF) Pierre-Olivier Gourinchas has said, with geopolitical tensions, potential new trade wars and falling migration into developed countries now among the key risks facing the world economy. 

Speaking at a press conference following the publication of the IMF's latest World Economic Report, Mr Gourinchas said risks are now tilted to the downside, with the organisation warning of lacklustre GDP growth for 2024.

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