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in Economy

IMF upgrades global growth forecast as economy proves 'surprisingly resilient' despite downside risks

by Editor April 16, 2024, 9:54 pm 1.1k Views

IMF upgrades global growth forecast as economy proves 'surprisingly resilient' despite downside risks

Crowds walk below neon signs on Nanjing Road. The street is the main shopping district of the city and one of the world’s busiest shopping districts.

Nikada | E+ | Getty Images

The International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven “surprisingly resilient” despite inflationary pressures and monetary policy shifts.

The IMF now expects global growth of 3.2% in 2024, up by a modest 0.1…

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