IMF sees slightly brighter world economic outlook ...Middle East

The International Monetary Fund (IMF) revised its 2023 global economic forecast upward slightly on Tuesday, pointing to falling inflation rates worldwide and China’s recent reopening for the marginally brighter outlook. The IMF projected that the global economy will grow by about 2.9 percent in 2023, up about 0.2 percentage points from its last World Economic Outlook report in October. This latest projection still represents a slowdown from an estimated 3.4 percent growth rate in 2022. However, the IMF suggested that economic growth is “bottoming out” this year and will jump back up to 3.1 percent in 2024. While these projections remain lower than the average of 3.8 percent grow

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IMF sees slightly brighter world economic outlook ...Middle East

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