US EditionIMF: Outlook for world economy is brighter, though still modest by historical standards
- The International Monetary Fund has upgraded its outlook for the global economy, predicting a 'soft landing' with steady, modest growth.
- Global expansion is largely driven by strong growth in the United States.
- Despite inflationary pressures and monetary policy shifts, the global economy has shown resilience according to the IMF.
41 Articles
41 Articles
IMF: Outlook for world economy brighter
WASHINGTON — The International Monetary Fund has upgraded its outlook for the global economy this year, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth. The IMF now envisions a 3.2 percent worldwide expansion this year, up a tick from the
IMF raises growth forecast for Saudi economy to 6% in 2025
RIYADH: The International Monetary Fund has raised its expectations for Saudi Arabia’s economic growth in 2025 to 6 percent – up from 5.5 percent predicted earlier this year. In its latest report, the IMF also noted that the Kingdom’s output will grow by 2.6 percent in 2024, down 0.1 percent compared to the previous projection. The financial institution added that the overall economic growth in the Middle East and Central Asian region is pro…
The International Monetary Fund (IMF) has slightly raised its growth forecast for the world economy. For this year, the IMF expects an increase in world economic performance of 3.2 percent - 0.1 percentage points more than in January and 0.3 percentage points more than in October. For the coming year, the IMF also expects 3.2 percent.The improved outlook mainly reflects a strong correction of growth expectations for the US: the US economy is exp…
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