IMF - World Economic Growth at 3.3% in 2020
Friday, 01 24 2020, Category: Economy, Country: World
The International Monetary Fund (IMF) has announced that its forecast for the world economy is likely to be slightly lower than the previous forecast, at 3.3%, mainly due to the continuing effects of trade friction between the United States and China.
The IMF has announced its latest economic outlook ahead of the opening of the Davos meeting on Tuesday, saying that global economic growth in 2020 will increase by 3.3%.
This is 0.4 points higher than last year, which was the lowest level in 10 years, but it has been revised down 0.1 points from the forecast three months ago.
Source: Teller Report