News > World economy has 'buffer' against recession, says IMF's Gopinath
World economy has 'buffer' against recession, says IMF's Gopinath
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India Today | 24/05/2022 08:56 AM | Click to read full article
While the world economy faces headwinds, current growth forecasts offer a buffer against a potential global recession, the International Monetary Fund's No. 2 official said Monday.
Among the major threats to economic growth, IMF First Deputy Managing Director Gita Gopinath told Reuters that the conflict in Ukraine could escalate, adding: "I would say at 3.6% there is a buffer."