IMF Improved this year’s world economic growth forecast

By: Trademagazin editor Date: 2021. 01. 26. 11:10

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World economic growth could pick up in the second half of the year, thanks to stimulus fiscal and central bank monetary measures and the launch of mass vaccinations, according to the International Monetary Fund’s (IMF) revised World Economic Outlook (WEO) forecast released on Tuesday.

Acknowledging the relatively more favorable outlook in the revised version of last autumn’s WEO forecast, the IMF improved its global economic growth forecast by 0.3 percentage points to 5.5 percent this year. The IMF has not changed its 4.2 percent GDP growth forecast for 2022. (MTI)