G20 says prospect of global economic soft landing has increased ...Middle East

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G20 says prospect of global economic soft landing has increased
source : forex live ( Middle East ) () 7
Summary comments from the G20 Finance Track:The global economy continues to face multiple challenges, including conflicts in many regions of the world.Among the downside risks to global activity are wars and escalating conflicts; geoeconomic fragmentation; rising protectionism; trade routes disruptions.We note that the likelihood of a soft landing in the global economy has increased.Global growth is projected to stabilize in 2024 and the coming years at a subdued level; inflation has receded in most economies.Labor market dynamics have been uneven across economies.Ministers exchanged views on ongoing wars, conflicts, and humanitarian crises, highlighting Ukraine and Gaza.---We had earlier co

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