WASHINGTON, D.C.: The International Monetary Fund (IMF) has slightly upgraded its outlook for world growth this year on the back of resilient service sector activity in the first quarter and a strong labor market, the lender said Tuesday.
But despite the mildly better economic forecast, growth is expected to slow to 3 percent in 2023 and then stay there, held down by weak growth among the world's advanced economies, the IMF announced in a new report.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.