The head of the IMF, Kristalina Georgieva, this week starkly warned of the possibility of a global recession during the organisation’s annual meeting in Washington DC. “We cannot possibly allow inflation to become a runaway train - it’s bad for growth and bad for people,” she said. “Bad especially for poor people.” The<i> National</i>'s Editor-in-Chief Mina Al-Oraibi and US correspondent Willy Lowry discuss the IMF's reduced growth projections for the year ahead - and ask: what does it mean for the Middle East?
