Asia to keep fueling global growth

Asia to keep fueling global growth – IMF

Feb 01, 2024 12:31 am

THE International Monetary Fund (IMF) has raised its forecast for Asia's growth to 4.5 percent from 4.2 percent, with the region also expected to contribute two-thirds to global economic expansion.

'Clearly, we see that prospects for soft landing have improved,' IMF's Asia and Pacific Department Director Krishna Srinivasan said in a briefing on Wednesday.

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