NEW DELHI, Oct. 16 (Xinhua) -- The International Monetary Fund (IMF) has in its latest "World Economic Outlook (WEO) slashed India's GDP growth rate for the current year to 6.1 percent from 7.3 percent it had projected in April. The international body in its report on Tuesday also stat...
Turning to Asia, the good news is that we have revised growth upward for both 2023 and 2024. For 2023, we now estimate growth at 4.7 percent, compared to our 4.6 percent projection in October. China and India account for most of the upward revision. In China, growth was supported by hi...
Turning to Asia, the good news is that we have revised growth upward for both 2023 and 2024. For 2023, we now estimate growth at 4.7 percent, compared to our 4.6 percent projection in October. China and India account for most of the upward...
The IMF’s Future Projection According toreportsfrom local news media, the IMF’s forecasts suggest that Japan’s nominal GDP for 2023 will be approximately $4.23 trillion, a decrease of 0.2 percent from the previous year. In contrast, Germany’s nominal GDP is expected to reach $4.43 trillio...
2024.The views expressed in this publication are those of the IMF staff and do not necessarily represent the views of the IMFs cutive Directors or their national authorities.Recommended citationInternational Monetary Fund.2024.World Economic OutlookSteady but SlowResilience amid Divergence.Washington,DC....
In its July 2024 World Economic Outlook Update, which was released on Tuesday, the IMF also forecast tepid global growth at 3.2 percent, unchanged from its previous projection in April and down a tick from 3.3 percent in 2023. Pierre-Olivier Gourinchas, the IMF's chief economist, said at a...
World trade volume is expected to grow by 3.1 percent in 2024 and 3.4 percent in 2025, each 0.1 percentage points higher than the April projection. "Asia's emerging market economies remain the main engine for the global economy. Growth in India and China is revised upwards and accounts for ...
World trade volume is expected to grow by 3.1 percent in 2024 and 3.4 percent in 2025, each 0.1 percentage points higher than the April projection. "Asia's emerging market economies remain the main engine for the global economy. Growth in India and China is revised upwards and accounts for ...
World trade volume is expected to grow by 3.1 percent in 2024 and 3.4 percent in 2025, each 0.1 percentage points higher than the April projection."Asia's emerging market economies remain the main engine for the global economy. Growth in India and China is revised upwards and accounts for ...
World trade volume is expected to grow by 3.1 percent in 2024 and 3.4 percent in 2025, each 0.1 percentage points higher than the April projection. "Asia's emerging market economies remain the main engine for the global economy. Growth in India and China is revised upwards and accounts for ...