QNB report predicts global economic growth of 2.9 percent this year, almost the same rate as last year.
The report showed that the performance of the global economy will remain tepid in 2024, growing below its long-term average, with the three major economies (the United States, the Eurozone, and China) likely to grow slower than their long-term averages. The report touched on the economic outlook for 2024 influenced by what happened to investor sentiment in 2023 when the negative initial outlook was met with positive macroeconomic surprises. He noted that Bloomberg's forecast for global growth saw a significant increase of 80 basis points throughout 2023.
Source (Al-Raya Qatari Newspaper, Edited)
