The IMF has improved Hungary’s and the world economic’s growth prospects

The International Monetary Fund (IMF) has improved Hungary’s and the world economic’s growth prospects in its World Economic Outlook (WEO) study that was published on Tuesday.

The IMF increased its 2017 Global growth forecast to 3.5 percent, from the 3.4 percent estimates of October 2016, while for Hungary expects a 2.9 percent growth for this year, instead of the formerly predicted 2.5 percent. The IMF expects a 3.0 percent increase for the next year in Hungary.
The world economy may expand by 3.6 percent in 2018, according to forecasts; the world’s total GDP increased by 3.1 percent last year. (MTI)