The International Monetary Fund (IMF) has released its latest economic projections, which say that the global growth rate is expected to be 3 percent in 2023 and will further decline to 2.9 percent in 2024.
Economy Business
According to ANI report, the International Monetary Fund (IMF) has released its latest economic projections, which state that the global growth rate is expected to be 3 percent in 2023 and will further decline to 2.9 percent in 2024. This is one of the lowest growth rates in decades. The report notes that global inflation is expected to gradually decline, from 8.7 percent in 2022 to 6.9 percent in 2023 and 5.8 percent in 2024. Tight monetary policies and low international commodity prices contribute to this decline. The IMF emphasizes the importance of focusing monetary policy actions and frameworks to moderate inflation expectations. Effective communication strategies among various stakeholders are also important in managing inflation expectations.
____________________________
