IMF revises global economic growth forecast
https://sputniknews.com/20230131/imf-revises-global-economic-growth-forecast–1106862998.html
IMF revises global economic growth forecast
IMF revises global economic growth forecast
Global economic growth will slow to 2.9% in 2023, the International Monetary Fund (IMF) said, revising its previous forecast upwards by 0.2 percentage points.
2023-01-31T16:34+0000
2023-01-31T16:34+0000
2023-01-31T16:34+0000
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“Global growth is projected to decline from around 3.4% in 2022 to 2.9% in 2023 and then pick up to 3.1% in 2024. The forecast for 2023 is 0.2 percentage point higher than the Outlook forecast. (WEO) of October 2022, but below the historical average (2000-2019) of 3.8%,” the IMF said on Monday in its World Economic Outlook update ( PEM). As for the world’s largest economy, the body expects economic growth in the United States to slow from 2% in 2022 to 1.4% in 2023 and 1% in 2024. In China, economic growth is expected to increase to 5.2% this year and drop to 4.55 in 2024. In the Eurozone, economic growth will bottom out at 0.7% in 2023. At the same time, the IMF revised upwards forecasts economic growth of Russia by 2.6 percentage points to 0.3% in 2023. In its new WEO, the IMF also forecast that in 2024, economic growth in Russia will reach 2.1%, or 0, 6 percentage points better. than its previous forecast. The WEO also noted that the economic control stock of -2.2% in Russia in 2022 was much lower than the -3.4% previously forecast.
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the international monetary fund (imf), economic growth, economic forecast, us economy, eu economy, russian economy
the international monetary fund (imf), economic growth, economic forecast, us economy, eu economy, russian economy
Global economic growth will slow to 2.9% in 2023, the International Monetary Fund (IMF) said, revising its previous forecast upwards by 0.2 percentage points.
“Global growth is projected to decline from around 3.4% in 2022 to 2.9% in 2023 and then pick up to 3.1% in 2024. The forecast for 2023 is 0.2 percentage point higher than the Outlook forecast. economy (WEO) of October 2022, but below the historical average (2000-2019) of 3.8%,” the IMF said on Monday in its World Economic Outlook update ( PEM).
As for the world’s largest economy, the body expects economic growth in the United States to slow from 2% in 2022 to 1.4% in 2023 and 1% in 2024. In China, economic growth is expected to increase to 5.2% this year and drop to 4.55 in 2024. In the Eurozone, economic growth will bottom out at 0.7% in 2023.
At the same time, the IMF revised Russia’s economic growth forecast upwards by 2.6 percentage points to 0.3% in 2023. In its new WEO, the IMF also forecast that in 2024, economic growth in Russia would reach 2.1%, or 0.6 percentage point better. than his previous forecast.
The WEO also noted that Russia’s -2.2% economic contraction in 2022 was much lower than the -3.4% previously forecast.
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