The International Monetary Fund (IMF) lowered its global economic growth forecast for 2023 to 2.8%. information about it it contains in a new report from the organization.
The fund’s experts raised their forecast of gross domestic product (GDP) growth for 2024 to 0.3%. Both figures are down 0.1 percentage points from the organization’s January forecast.
The IMF has forecasted global GDP growth of 3.4% for 2022.
Before April 11 IMF developed Russia’s GDP growth forecast in 2023 rose to 0.7% and growth prospects for 2024 worsened to 1.3%.
Last week, the head of this international organization, Kristalina Georgieva statedthat the volume of GDP of the world economy will increase by less than 3% by the end of this year. Several key factors will influence the slowdown, including the negative impact of the ongoing conflict in Ukraine.
In the same period, Georgiev expression The view that more than half of the total growth of the world economy by the end of 2023 will come from two countries – China and India.