News > World economy has 'buffer' against recession, says IMF's Gopinath

World economy has 'buffer' against recession, says IMF's Gopinath

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."