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world economic outlook

​Secretary of Treasury Janet Yellen speaks about her key priorities for the 2024 Annual Meetings of the IMF and World Bank during a press conference in Washington DC, USA, on October 22, 2024, at the Department of Treasury Headquarters.
Analysis

The World Economic Outlook is rosy … on the surface at least

The International Monetary Fund and World Bank released their much-watched World Economic Outlook on Tuesday, projecting that the world economy will grow by 3.2% in 2025 as inflation cools to an average of 4.3%.

Students read Koranic verses at a madrasa, or Koranic school, in Dhusamareeb, central Somalia, December 16, 2012.
Analysis

IMF says economic picture is rosy, but how does it look from the bottom?

Inflation looks set to fall globally, and a global recession is unlikely in 2024, according to the IMF’s April update to the World Economic Outlook.