The Fund said activity could be lifted if productivity gains from Artificial Intelligence (AI) materialise more rapidly or trade tensions ease on a sustained basis.
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Middle East war: Elevated public debt and eroding institutional credibility further heighten vulnerabilities - IMF
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The IMF states that elevated public debt and eroding institutional credibility are heightening vulnerabilities in the Middle East, exacerbated by the ongoing war. The Fund suggests economic activity could improve if Artificial Intelligence productivity gains materialize more rapidly or if trade tensions ease sustainably.
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3News
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