The IMF says the global economy remains resilient and raised its global growth forecast to 3.2% this year. The report comes as finance leaders are gathering in Washington, D.C. for the IMF/World Bank Spring meetings.

We discuss inflation, climate change and mounting global debt with: 

• Masood Ahmed is the President of the Center for Global Development.
• Amir Hamzah Azizan is the Second Finance Minister of Malaysia.

Staggering debt burden & enormous borrowing costs are preventing developing countries from adequately responding to crises.

Latest @UNDESA update outlines solutions to close the sustainable development financing gap & achieve the #GlobalGoals. https://t.co/pjtpjt5SZV pic.twitter.com/hziHSDHi4H

— United Nations (@UN) April 9, 2024

The #IMF has upgraded its forecast of global growth for 2024 to 3.2%, 0.1% higher than its projection in January. The World Economic Outlook, released on Tuesday, says that the global economy is holding steady and inflation is coming down, with no signs of a recession in sight. pic.twitter.com/Zk5N2CGGYR

— CGTN Global Watch (@GlobalWatchCGTN) April 17, 2024