According to a survey conducted by the World Economic Forum, most experts express a sense of cautious optimism over the stability or development of the economy in 2024, as compared to the previous year.
The survey examines the predictions of prominent economists regarding the economic performance in the present year. It reveals that approximately 70% of economists anticipate a steady growth rate of 4% for the global economy over the next five years. This growth will be propelled by advancements in technology, artificial intelligence, and the adoption of environmentally friendly practices.
However, they cautioned that geopolitical tensions, elevated debt levels, and climate change might potentially undermine economic development.
Regarding the Middle East area, the majority of poll participants anticipated a modest level of inflation in 2024.
Although 60% of economists predict that there will be no changes to monetary policy in the coming months of this year.