A World Economic Forum poll shows 82 percent of top economists are cautiously optimistic about the stability of the economy or its growth in 2024 compared to last year.
The survey shows that about 70 percent of economists expect the global economy to achieve sustained growth of 4 percent over the next five years, driven by technological transformation, artificial intelligence, and green transformation. They warned that the burden of geopolitical tensions, high debt levels, and climate change could dampen growth.
For the Middle East, most respondents expected moderate inflation in 2024. While 60 percent of economists indicated that they do not expect an adjustment to monetary policy during the remaining months of this year.
Source (Al-Arabiya.net Website, Edited)
