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The Independent UK
The Independent UK
National
Fatima Hussein

IMF global economic outlook sees slight growth, but inflation still a drag

Copyright 2023 The Associated Press. All rights reserved.

Global growth will see a slight improvement compared to previous International Monetary Fund projections but “many challenges still cloud the horizon, and it is too early to celebrate,” the organization's chief economist said Tuesday.

IMF economist Pierre-Olivier Gourinchas gave his assessment as the organization projected that global economic growth will slow to an estimated 3% in 2023 and 2024, down from 3.5% in 2022.

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