Global Economic News

IMF Says Global Economic Recovery Momentum Weakened

The International Monetary Fund on Tuesday said the global economic recovery is continuing, but the momentum has weakened due the resurgence of the Covid-19 pandemic triggered by the Delta variant.

In its latest World Economic Outlook report, the global lender retained its 4.9 percent global growth projection for next year, while it lowered the forecast for this year to 5.9 percent from 6.0 percent predicted in July.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Global Economic News