IMF cuts 2025 growth forecast for major Asian economies, warns of global slowdown on trade worries

IMF cuts 2025 growth forecast for major Asian economies, warns of global slowdown on trade worries

On a global basis, growth was lowered from 3.3% to 2.8% for the whole of 2025, with the IMF saying that tariffs were "a major negative shock to growth."

IMF Slashes Global Growth Forecasts Amid Tariffs and Uncertainty in Global Economy

The International Monetary Fund (IMF) has lowered its global growth forecast for 2025 to 2.8 percent, down from 3.3 percent in its January estimate, pointing to evolving trade dynamics, rising policy uncertainty, and cooling momentum across several economies. In its April 2025 World Economic Outlook, the IMF said most countries are expected to grow at a slightly slower pace than previously projected. While it described the current environment as…

The agency presented its report with forecasts for 2025, marked by the impact of Trump’s tariff war

The agency lowered the overall perspective from 3.3% to 2.8% by 2025. The latest technical report published after the agreement with the Government foresees an improvement of 5.5% of GDP and inflation of between 18 and 23% per year.

IMF downgrades global growth forecast to 2.8% in 2025

The International Monetary Fund (IMF) on Tuesday downgraded its global growth forecast in 2025 to 2.8 percent, a hefty 0.5 percentage point decrease from its January projection, according to the latest World Economic Outlook (WEO), reported Xinhua. "Since the release of the January WEO Update, a series of new tariff measures by the United States and countermeasures by trading partners have been announced and implemented, ending up in near-univer…

For the trade war, the IMF looks down on its growth forecast for 2025