The International Monetary Fund (IMF) released the latest World Economic Outlook report on June 1 1, and predicted that the global economy would grow by 3.2% in 2022, which was the same as that predicted in July. In 2023, the global economic growth rate will further slow down to 2.7%, which is 0.2 percentage points lower than the forecast in July.
The report pointed out that the current global economy is facing many challenges: the inflation rate has reached the highest level in decades, the financial environment in most areas has been tightened, and the Ukrainian crisis and the COVID-19 epidemic have continued, all of which have seriously affected the global economic growth prospects.
This is the press conference of the World Economic Outlook Report of the International Monetary Fund (IMF), which was filmed in Washington, DC, USA on June 5438+1October 0. Xinhua News Agency reporter Liu Jie photo
Specifically, developed economies are expected to grow by 2.4% this year, down 0. 1 percentage point from the previous forecast; It will increase by 1. 1% next year, which is 0.3 percentage points lower than the previous forecast. Emerging markets and developing economies are expected to grow by 3.7% this year, up 0. 1 percentage point from the previous forecast; It will increase by 3.7% next year, 0.2 percentage points lower than the previous forecast.
IMF Managing Director Georgieva has previously said that even if the economy achieves positive growth, people will feel that they have suffered from economic recession because of shrinking real income and rising prices.
This is the press conference of the World Economic Outlook Report of the International Monetary Fund (IMF), which was filmed in Washington, DC, USA on June 5438+1October 0. Xinhua News Agency reporter Liu Jie photo
The report also pointed out that the global economic outlook is facing huge downside risks, monetary policy may make mistakes in dealing with inflation, more energy and food price shocks may lead to inflation lasting longer, and the tightening of global financing environment may lead to debt difficulties in a wide range of emerging markets.