Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
NEW YORK, July 29 (Xinhua) — The International Monetary Fund (IMF) on Tuesday raised its forecast for global economic growth in 2025 to 3 percent, up 0.2 percentage points from its April forecast, according to an updated version of the IMF's World Economic Outlook report.
According to the updated report, emerging market and developing economies are expected to grow by 4.1 percent in 2025, up 0.4 percentage points from the April forecast.
For countries with developed economies, the forecast has been revised upward from 1.4 percent to 1.5 percent.
In particular, expected economic growth figures have been raised for the US, the Eurozone, Japan, the UK, Canada, China, India, Brazil, Mexico, Saudi Arabia and Nigeria.
As noted in the document, the large-scale upward revision of the annual forecast is due to “a more active than expected advance increase in imports in anticipation of higher customs duties; lower average tariff rates in the United States than were announced in April; improved financial conditions, including due to the weakening of the US dollar; and the expansion of fiscal stimulus measures in a number of major countries.” –0–
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