IMF Raises Forecast For Global Economic Growth To 3% In 2023

  • International
  • 26 July 2023
1

The International Monetary Fund raised its forecast for global economic growth by 0.2 percent to 3 percent in 2023. According to the World Economic Outlook, the IMF raised its forecast for U.S. economic growth by 0.2 percent to 1.8 percent this year.

The IMF raised its forecast for the Eurozone economy to grow 0.1 percent to 0.9 percent this year. He deepened estimates that Germany's economy will shrink to 0.3 percent this year.

The IMF expects growth in the Middle East and Central Asia to decline from 5.4 percent in 2022 to 2.5 percent in 2023.

Source (Al-Arabiya.net Website, Edited)

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