This announcement comes as the latest edition of the World Economic Outlook is published, reflecting one of the lowest growth rates the world has witnessed in decades. The global economy continues to grapple with multiple shocks and the increasing cost of living, setting the stage for a challenging economic landscape in the coming years.
The IMF’s “Navigating Global Divergences” report for October 2023 emphasizes the daunting challenges faced in achieving substantial economic recovery on a global scale. The baseline forecast anticipates a slowdown in global growth from 3.5 percent in 2022 to 3.0 percent in 2023 and a further decline to 2.9 percent in 2024. This decline is a significant departure from the historical average of 3.8 percent recorded between 2000 and 2019.
هذه القصة مأخوذة من طبعة October 31, 2023 من The Business Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة October 31, 2023 من The Business Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
PM MODI DEDICATES THREE PARAM RUDRA SUPERCOMPUTERS TO NATION
\"The three supercomputers launched today will help in advanced research from physics, earth science, and cosmology.\"
India's pvt investment cycle is strengthening: Govt's report
Manufacturing, financial services, communication services, computer services, and electricity and other energy sectors accounted for more than three- fourths of the gross FDI inflows.
India recorded 227 IPOs, total value of $12.2 billion in first 8 months of 2024: Report
TDG NETWORK NEW DELHI India recorded 227 IPO listings, with a total deal value of USD 12.2 billion in the first eight months of 2024.
Govt seeks to raise ethanol blending target to 25 pc: Food Minister
The government has also allowed sale of 23 lakh tonne of rice by the Food Corporation of India (FCI) to grain-based ethanol distilleries.
Indian stock indices log record highs for fifth consecutive session; Sensex nearing 86,000
Stock indices in India continued to march ahead, touching fresh highs for the fifth straight session on Thursday.
India set to achieve 6.5-7 pc GDP growth in FY25: FinMin report
India is set to achieve 6.5-7 per cent GDP growth in the current financial year as indicated by the movements in high-frequency indicators till August, a finance ministry report said on Thursday.
Harris is making a 'capitalist' pitch to boost the economy
\"As president, I will be grounded in my fundamental values of fairness, dignity and opportunity,\" Harris said. \"And I promise you, I will be pragmatic in my approach.\"
Trump's misleading claims on election fraud target overseas voters
Donald Trump this week claimed without evidence that anyone living overseas can get a ballot mailed to them, even : if they are not eligible to vote, falsely accusing Democrats of subverting a 1986 law to win in November.
Will expel migrants under key Biden immigration programmes: Trump
Former President Donald Trump, who has made antiimmigration rhetoric a key part of his reelection campaign, warned Wednesday that he would kick out hundreds of thousands of ime migrants who have entered the country under two key Biden administration programs if he's reelected.
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