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>>The global economy is proving stronger than initially anticipated, according to the IMF.

The global economy is proving stronger than initially anticipated, according to the IMF.

crypthub

about 19 hours ago

Global Economic Resilience

The global economy has displayed greater resilience than anticipated, navigating multiple significant shocks. Kristalina Georgieva, Managing Director of the IMF, projects a slight slowdown in global growth for this year and 2026. Recent reports suggest the US economy, while decelerating, has avoided the predicted recession. This positive performance is linked to sound policies, a robust private sector, and favourable financial conditions.

IMF Outlook and Growth Projections

The IMF recently revised upward its global economic growth forecasts, increasing them by 0.2% for 2025 and 0.1% for 2026. A new economic outlook will be released on October 14th during the annual IMF and World Bank meetings. While the current situation is positive, the medium-term target remains at approximately 3% global economic growth. This is lower than pre-pandemic targets.

Economic Influences and Risks

US trade policies and the rise of AI are significantly impacting the global economy. While the impact of tariffs has been less severe than initially feared, uncertainty remains high. Georgieva acknowledges serious challenges, including marginalisation and global struggles, alongside risks to the economic landscape.