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Sunday, November 24, 2024

IMF PROJECTS MODEST GLOBAL GROWTH AND CALLS FOR REFORMS

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Looking ahead, the IMF has projected global growth to reach 3.1 percent over the next five years, labeling it a “mediocre performance.” The organization underscored the necessity of structural reforms and targeted support for vulnerable populations to strengthen global economic resilience.

Additionally, the IMF emphasized that as disinflation progresses worldwide, careful management of dynamics within individual sectors, especially in services, is essential to facilitate a smooth economic transition while preserving price stability.

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