IMF revises its global GDP forecast higher

IMF revises its global GDP forecast higher, but warns the economy ‘remains prone to setbacks’

 

 

• The IMF’s projection assumes that social distancing due to the coronavirus pandemic will continue into 2021, and that local transmission will fall everywhere by the end of 2022.
• National debt in advanced economies is set to reach 125% of GDP by the end of 2021 and to rise to about 65% of GDP in emerging markets during the same period.
• https://www.cnbc.com/2020/10/13/imf-world-economic-outlook-2020-amid-coronavirus-crisis.html
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