Global eco growth to hit 2.8% by 2030: IMF
Financial Express Mumbai|April 11, 2024
GLOBAL ECONOMIC GROWTH will reach just 2.8% by 2030, a full percentage point below the historical average unless major reforms are made to boost productivity and leverage technologies such as artificial intelligence, the IMF said on Wednesday.

The International Monetary Fund (IMF) released a chapter of its forthcoming World Economic Outlook (WEO) that showed further declines in the global growth rate, which has slowed steadily since the 2008-2009 global financial crisis.

"Without ambitious steps to enhance productivity, global growth is set to fall far below its historical average," the IMF said, warning that expectations of weak growth could discourage investment, possibly deepening the slowdown.

The global lender said the persistent low-growth scenario, combined with high interest rates, could also restrict governments' ability to counter economic slowdowns and invest in social welfare or environmental initiatives.

この記事は Financial Express Mumbai の April 11, 2024 版に掲載されています。

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この記事は Financial Express Mumbai の April 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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