2nd LD Writethru: IMF upgrades 2024 global growth forecast to 3.2 pct


  • World
  • Wednesday, 17 Apr 2024

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."

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Far-right could win first state in two East German elections
Five Ukraine-launched drones downed in Russia's Tver region near Moscow, governor says
Pope to visit Jakarta's Istiqlal mosque in push for interfaith harmony
Thousands of Australians without power as heavy rain, damaging winds lash Tasmania
Ukraine launches drones on Moscow, other regions, Russian officials say
3 children, man found dead at house in Surrey, UK
Harris calls Trump cemetery visit disrespectful 'political stunt'
Mexico judge orders Congress not to discuss controversial judicial reform
Ukraine's Zelenskiy presses US to greenlight deeper strikes into Russia
UNICEF issues emergency tender to secure mpox vaccines

Others Also Read