Main content

IMF upgrades its global economic forecast

The International Monetary Fund has given a brighter outlook in its latest report, predicting that inflation will slow and European economies had shown more resilience.

The International Monetary Fund (IMF) has given a brighter outlook in its latest report, predicting that inflation will slow and European economies had shown more resilience.

The agency says the abandonment by China of its zero-Covid policy has paved the way for a faster-than-expected recovery for most countries. Growth is now expected to be 2.9%.

(Picture: IMF International Monetary Found logo seen on Mobile with IMF with Dollar bills on screen in this photo illustration. Picture Credit: Getty Images).

Available now

27 minutes

Broadcast

  • Tue 31 Jan 2023 15:32GMT