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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Global economic growth is projected to decelerate to 2.8% in 2025 and 3% in 2026, according to the International Monetary Fund’s (IMF) April 2025 World Economic Outlook (WEO) report.
The revised projections mark a significant downgrade from the 3.3% growth forecast for both years in the Fund’s January 2025 WEO Update.
The cumulative reduction of 0.8 percentage points brings global growth well below the historical average of 3.7% recorded between 2000 and 2019.
“Intensifying downside risks dominate the growth outlook for 2025,” the IMF warned, citing a confluence of macroeconomic challenges, including persistent trade frictions, increased policy uncertainty, and diminished global demand momentum.
Source: newsthemegh.com