Author: Editor

The International Monetary Fund (IMF) says global growth is projected to remain unchanged at 3.2 per cent in 2024 and 3.3 per cent in 2025. This is according to the IMF’s latest World Economic Outlook (WEO) Update Report for July 2024: “The Global Economy in a Sticky Spot” released on Tuesday. The IMF report said though the projection was in line with the April 2024 WEO, there had been notable developments beneath the surface since the April WEO. It said among advanced economies, growth was expected to converge over the coming quarters, like in the United States, projected growth was…

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