COVID-19: Growth forecast at -3 per cent, as IMF offers debt relief to most vulnerable nations in Africa, Asia, Middle East and Caribbean

Forecasting the “worst economic downturn since the Great Depression”, the International Monetary Fund said on Tuesday that growth for the year was likely to end up at minus three per cent, with a dramatic change evident since the last World Economic Outlook report in January.  

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IMF lowers global economic growth outlook as ‘fog thickens’

11 Apr 2023

The International Monetary Fund (IMF) forecast in their latest World Economic Outlook published on Tuesday, that global growth will bottom out at 2.8 percent this year before rising modestly to around three percent in 2024, representing a 0.1 per cent fall on its January projections.

IMF lowers global economic growth outlook as ‘fog thickens’

11 Apr 2023

The International Monetary Fund (IMF) forecast in their latest World Economic Outlook published on Tuesday, that global growth will bottom out at 2.8 percent this year before rising modestly to around three percent in 2024, representing a 0.1 per cent fall on its January projections.

Rising caseloads, disrupted recovery, higher inflation: New IMF forecast

25 Jan 2022

The global economy is entering 2022 in a weaker position than previously expected, the International Monetary Fund (IMF) announced on Tuesday, in an update to their World Economic Outlook (WEO).