The International Monetary Fund (IMF) has warned about the state of the global economy, as pressure mounts from escalating trade tensions and continued political uncertainty, which has led to a downward revision to short- and long-term economic growth forecasts.
The International Monetary Fund cut its forecast for global economic growth from 3.3 percent in 2024 to 2.8 percent in 2025, before recovering to 3 percent in 2026.
The IMF revealed its forecast for the growth of the US economy during 2025, down by 0.9 percent to 1.8 percent, the Chinese economy by 0.6 percent to 4 percent, and the euro area by about 0.2 percent to record 0.8 percent.
Source (Al-Arabiya.net Website, Edited)
