WASHINGTON, July 16 (Xinhua) -- The International Monetary Fund (IMF) on Tuesday revised China's 2024 economic growth up to 5 percent in an update to its World Economic Outlook (WEO), from the 4.6-percent forecast in April. The revision is primarily attributed to a rebound in private cons...
CAPE TOWN, Oct. 30 (Xinhua) -- South Africa's economic growth forecast has been revised down from 1.3 percent to 1.1 percent for 2024, Finance Minister Enoch Godongwana announced Wednesday during the Medium-Term Budget Policy Statement speech in the National Assembly in Cape Town, the country...
【IMF raises China's 2024 economic growth forecast to 5%】 The International Monetary Fund (IMF) on Tuesday revised China's 2024 economic growth up to 5 percent in an update to its World Economic O...
WASHINGTON, July 16 (Xinhua) -- The International Monetary Fund (IMF) on Tuesday revised China's 2024 economic growth up to 5 percent in an update to its World Economic Outlook (WEO), from the 4.6-percent forecast in ...
The International Monetary Fund (IMF) on Tuesday revised China's 2024 economic growth up to 5 percent in an update to its World Economic Outlook (WEO), from the 4.6-percent forecast in April. The revision is primarily attributed to a rebound in private consumption and strong exports in the ...
The IMF maintained its forecast for global growth in 2024 at 3.2 percent, noting that Asia's emerging market economies remain the main engine for the global economy. Global activity and world trade firmed up at the turn of the year, with trade spurred by strong exports from Asia, particularly...
MADRID (Reuters) - Spain's central bank on Tuesday raised this year's economic growth forecast to 2.8% from 2.3%, predicting an acceleration from 2023, largely thanks to booming tourism. It was the second straight outlook upgrade by the Bank of Spain this year following i...
THE CONFERENCE BOARD ECONOMIC FORECAST FOR THE US ECONOMY SEES LIMITED PROSPECTS FOR GROWTH IN 2024The Conference Board forecasts that US economic growth will buckle under mounting headwinds early next year, leading to a very short and shallow recession. This outlook is associated with numerous ...
Thus, in our baseline scenario, we forecast the federal budget deficit as a share of GDP to rise slightly from the 6% expected in 2024 to 6.2% in 2025 before falling in the outer years of the forecast as economic growth outpaces spending growth. With the deficit as a share of GDP falli...
This latest forecast came on the heels of global economic performance exceeding expectations in 2023. However, last year's stronger-than-expected growth masked short-term risks and structural vulnerabilities, according to the report. Customers shop at a supermarket in Foster City, California, the Uni...