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Transcripts For BBCNEWS Asia Business Report 20240706

Bank spring meetings, which could lead that kicked off on monday in washington. Our North America correspondent is there and has a preview of those meetings. High inflation continues to plague countries around the world. Central bankers are raising Interest Rates to try and slow down those price increases. As a result however, we have some of the weakest Growth Projections by the International Monetary fund since the 1990s. With the Worlds Finance Ministers and central bankers all meeting in washington this week the increasingly fragile Global Economy will certainly be the focus along with ways for countries to try and mitigate some of the negative impacts of those Interest Rate rises. The high inflation however is already having an impact on poorer countries, pushing them further into financial distress, given the uncertain Global Economic outlook the imf believes many more countries will be looking to the imf for help. Reporting outside the world bank and imf building. For more we ca

Transcripts For BBCNEWS Asia Business Report 20240706

according to the imf. they were made ahead of the spring meetings which kicked off on monday in washington. from there, we have more. high inflation continues to play countries around the world. central bankers are raising interest rates to try and slow down those price increases. as a result, however, we have some of the week growth projections by the international monetary fund since the 1990s. meeting in washington this week, the increasingly fragile global economy will certainly be the focus along with ways for countries to try and mitigate some of the negative impacts of those interest rate rises. high inflation is already having an impact on poorer countries, pushing them further into financial distress. given the uncertain economic outlook, the imf believes more countries will be looking towards it for help. earlier i spoke withjohn lipsky the chair of the national bureau of economic research who is also in washington for the meeting and he told me cost of living will

Transcripts For BBCNEWS Asia Business Report 20240706

bank spring meetings, which could lead that kicked off on monday in washington. our north america correspondent is there and has a preview of those meetings. high inflation continues to plague countries around the world. central bankers are raising interest rates to try and slow down those price increases. as a result however, we have some of the weakest growth projections by the international monetary fund since the 1990s. with the worlds finance ministers and central bankers all meeting in washington this week the increasingly fragile global economy will certainly be the focus along with ways for countries to try and mitigate some of the negative impacts of those interest rate rises. the high inflation however is already having an impact on poorer countries, pushing them further into financial distress, given the uncertain global economic outlook the imf believes many more countries will be looking to the imf for help. reporting outside the world bank and imf building. for

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