World Economic Outlook

IMF raises 2026 global growth forecast to 3.3%

The International Monetary Fund on Monday revised its global economic growth forecast for 2026 to 3.3 percent, reflecting continued resilience as the world adapts to shifting trade conditions and robust investment in artificial intelligence and technology sectors. The updated projection, released in the IMF’s World Economic Outlook update, marks a 0.2 percentage point increase from estimates published last October. The pace matches the 3.3 percent growth the IMF now expects […]

20 January, 2026

Africa

IMF Calls for Economic Reforms in Sub-Saharan Africa to Boost Growth

Sub-Saharan African countries reliant on commodity exports must implement economic reforms to address uneven regional growth, stated Abebe Aemro Selassie, the International Monetary Fund's Africa Director. Reuters reports that the IMF's latest World Economic Outlook reveals that the region's growth is projected at 3.6% this year, consistent with last year's figures and lower than the April forecast of 3.8%. Commodity-dependent economies are notably underperforming compared to their more diversified counterparts.

28 October, 2024

Business / Economics

IMF Adjusts Growth Forecasts, Cautions on Global Risks

The International Monetary Fund has raised its growth forecast for the United States but lowered its outlook for China, citing concerns over conflicts, trade tensions, and high interest rates. In its World Economic Outlook released on Tuesday, the IMF predicts global GDP will remain steady at 3.2% for this year and next. Finance leaders are convening in Washington DC this week for the IMF and World Bank annual meetings. From […]

23 October, 2024