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Added on the 06/04/2021 14:00:00 - Copyright : EFE Inglés
The International Monetary Fund's World Economic Outlook now sees world growth of 6.0 percent this year after the contraction of 3.3 percent in 2020 amid the Covid-19 pandemic, IMF chief economist Gita Gopinath says. SOUNDBITE
Optimism that new vaccines will bring the pandemic under control and allow economic activity to resume coupled with stimulus in major economies has boosted the growth forecast this year to 5.5 percent, the IMF says in its latest World Economic Outlook. SOUNDBITE
Global growth is set to be higher than expected this year, the IMF said Monday, raising its forecast on surprisingly strong consumption and investment while China's lifting of zero-Covid restrictions provides another boost. SOUNDBITE
The war in Ukraine has undercut the global recovery and slowed expected economic growth in most countries in the world, IMF Managing Director Kristalina Georgieva says. "We are facing a crisis on top of a crisis," Georgieva says in a speech ahead of the spring meetings of the IMF and World Bank. SOUNDBITE
China's economy will grow slower than initially expected this year owing to a stronger-than-anticipated "fiscal tightening," IMF chief economist Gita Gopinath says. SOUNDBITE
The International Monetary Fund raises its forecast for eurozone economic growth in 2021 on the back of better-than-expected performances in France and Italy. Gita Gopinath, chief economist at the IMF, says they now expect growth of five percent for the single currency area as a whole. SOUNDBITE
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