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Added on the 13/10/2020 16:59:05 - Copyright : AFPTV - First images
The International Monetary Fund slightly lowers its outlook for the global economy, predicting the global economy will grow by 2.8 percent this year and three percent in 2024, a decline of 0.1 percentage point from its previous forecasts in January. SOUNDBITE
Surging inflation and severe slowdowns in the United States and China prompted the IMF to downgrade its outlook for the global economy this year and next, while warning that the situation could get much worse. SOUNDBITE
China's economy will grow slower than initially expected this year owing to a stronger-than-anticipated "fiscal tightening," IMF chief economist Gita Gopinath says. SOUNDBITE
The International Monetary Fund raises its forecast for eurozone economic growth in 2021 on the back of better-than-expected performances in France and Italy. Gita Gopinath, chief economist at the IMF, says they now expect growth of five percent for the single currency area as a whole. SOUNDBITE
The International Monetary Fund's World Economic Outlook now sees world growth of 6.0 percent this year after the contraction of 3.3 percent in 2020 amid the Covid-19 pandemic, IMF chief economist Gita Gopinath says. SOUNDBITE
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