SBS News – Australia
·australia
·2 hours ago
Treasurer Chalmers warns of dangerous economic times amid IMF recession outlook
Treasurer Jim Chalmers warned of a "dangerous time" ahead as he responded to the IMF's recession outlook while departing for the United States. Chalmers noted Australia's resilience amid higher inflation projections, with GDP growth expected to slow to 2 percent by 2026. He emphasized the significant economic fallout from the ongoing conflict in the Middle.
Summary by Glance · SBS News – Australia
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