IMF to lower global growth forecast

IMF to lower global growth forecast

(VOVWORLD) - Tensions in Ukraine and massive sanctions against Russia have triggered a contraction in global trade, sending food and energy prices surging and forcing the International Monetary Fund to lower its...
Global economy recovering

Global economy recovering

(VOVWORLD) - Despite the severe impacts of the COVID-19 pandemic, the global economy in 2021 has avoided a recession and has rapidly rebounded to resume its growth. However, the emergence...
IMF cuts its global growth forecast for 2021

IMF cuts its global growth forecast for 2021

(VOVWORLD) - The International Monetary Fund said it expects global gross domestic product to grow by 5.9% this year, 0.1 percentage point lower than its July estimate. For next year...
IMF keeps 2021 global growth forecast at 6%

IMF keeps 2021 global growth forecast at 6%

(VOVWORLD) - The International Monetary Fund estimates that global growth for 2021 will be about 6%, the same as forecast in April, IMF Managing Director Kristalina Georgieva said on Wednesday