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Added on the 12/10/2021 15:52:02 - Copyright : AFPTV - First images
Optimism that new vaccines will bring the pandemic under control and allow economic activity to resume coupled with stimulus in major economies has boosted the growth forecast this year to 5.5 percent, the IMF says in its latest World Economic Outlook. SOUNDBITE
Surging inflation and severe slowdowns in the United States and China prompted the IMF to downgrade its outlook for the global economy this year and next, while warning that the situation could get much worse. SOUNDBITE
China's economy will grow slower than initially expected this year owing to a stronger-than-anticipated "fiscal tightening," IMF chief economist Gita Gopinath says. SOUNDBITE
The International Monetary Fund's World Economic Outlook now sees world growth of 6.0 percent this year after the contraction of 3.3 percent in 2020 amid the Covid-19 pandemic, IMF chief economist Gita Gopinath says. SOUNDBITE
The International Monetary Fund trimmed the global GDP forecast for 2021 to 5.2 percent, IMF chief economist Gita Gopinath says in the latest World Economic Outlook. SOUNDBITE
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