The Age
·general
·2 days ago
Treasurer Chalmers delays budget decisions amid worsening global economic outlook
Australian Treasurer Jim Chalmers arrived in Washington for the IMF's annual spring meeting amid escalating global economic concerns due to the US-Israel war against Iran. Chalmers indicated that this year's budget decisions will be delayed, reflecting the uncertainty created by the conflict. The IMF has downgraded its global growth expectations, fearing potential inflation and recession.
Summary by Glance · The Age
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