Global economy heading for weakest growth since 1990

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IMF cuts GDP forecasts, says global economy heading for weakest growth since 1990

The IMF said that five years from now, global growth is expected to be around 3% — the lowest medium-term forecast in a World Economic Outlook for over 30 years.

In the short term, the fund expects global growth of 2.8% this year and 3% in 2024, slightly below the fund’s estimates published in January.

The IMF said that its baseline forecast “assumes that the recent financial sector stresses are contained.”

https://www.cnbc.com/2023/04/11/imf...owth-forecasts-inflation-high-until-2025.html