WASHINGTON, April 16 (Xinhua) -- The International Monetary Fund (IMF) on Tuesday upgraded its forecast of global growth in 2024 to 3.2 percent, 0.1 percentage points higher than its projection in January, according to its newly released World Economic Outlook (WEO) report.
Despite gloomy predictions, the global economy remains remarkably resilient, with steady growth and inflation slowing almost as quickly as it rose, Pierre-Olivier Gourinchas, chief economist of the IMF and director of the Research Department, told a press briefing during the 2024 Spring Meetings of the IMF and the World Bank. "Most indicators continue to point to a soft landing."
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