Original article by Patrick Commins
The Australian – Page: 2 : 17-Apr-24

The International Monetary Fund now expects global economic growth of 3.2 per cent in both 2024 and 2025. However, the IMF notes that the outlook remains uncertain due to factors such as China’s embattled property sector and the risk that wars in Europe and the Middle East will escalate. The IMF’s latest World Economic Outlook report also notes that the global economy is still "remarkably resilient", and it is optimistic that central banks will be able to achieve a soft landing for economies. The IMF has forecast economic growth of 1.5 per cent for Australia in 2024, and two per cent next year.

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INTERNATIONAL MONETARY FUND