URL has been copied successfully!
The global economy will grow more slowly this year, the International Monetary Fund (IMF) said in a July update, with stronger technology investment providing some offset from the effects of the Middle East conflict.
Global growth is expected to reach 3 percent this year, the IMF said, down from 3.5 percent in both 2024 and 2025, before an expected rebound to 3.4 percent in 2027.
“The global outlook is being shaped by two powerful forces pulling in opposite directions: the lingering effects of the energy shock from the war in the Middle East, and a technology-driven investment boom,” Petya Koeva Brooks, deputy director of the IMF’s Research Department, said in a July 7 statement….
Global growth is expected to reach 3 percent this year, the IMF said, down from 3.5 percent in both 2024 and 2025, before an expected rebound to 3.4 percent in 2027.
“The global outlook is being shaped by two powerful forces pulling in opposite directions: the lingering effects of the energy shock from the war in the Middle East, and a technology-driven investment boom,” Petya Koeva Brooks, deputy director of the IMF’s Research Department, said in a July 7 statement….
Please follow us:
