Significant levels of caution in IMF forecast

Faisal IslamEconomics editor The IMF has put in a significant level of caution on its forecast given the uncertainty of events in the Gulf. Its numbers rely on a relatively fast resolution to the conflict by the second half of the year. Before the war, the Fund had expected to upgrade economic prospects, as US President Donald Trump's trade tariffs were now lower than planned, and China, Europe and Canada had simply traded more with each other to make up for US declines. But now, the IMF said &q