World Economic Outlook Current Affairs, GK & News

World Economic Outlook

April 7, 2021

The International Monetary Fund recently released the World Economic Outlook titled “Managing Divergent Recoveries”. Key Findings of the report The report has predicted GDP growth of India for the current fiscal year 2022 to be 12.5%. This is 1% higher than the previous projection of 11.5% in January 2021. This is the highest among the ..

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The Global Risks Report 2022

January 12, 2022

The World Economic Forum recently released the Global Risks Report 2022. Cybersecurity, pandemic, climate change and space advancements are the emerging risks to global economy. Key Findings The global economy is to shrink by 2.3% by 2024. However, in developing countries this is to be 5.5%. In rich countries, it will be 0.9% Digital security ..

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IMF’s World Economic Outlook- Highlights

October 14, 2021

In its World Economic Outlook, which was published on October 12, 2021, International Monetary Fund (IMF) improved its growth forecasts of the Latin American and Caribbean economy in the year 2021. Highlights As per IMF report, a recovery of 6.3% is expected by 2021 and 2.5% by 2022. These figures indicates that international credit organization ..

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IMF World Economic Outlook- Update

July 28, 2021

On July 27th the International Monetary Fund has cut India’s GDP growth forecast to 9.5% for the fiscal year 2021-22. Previously, IMF has forecasted 12.5% GDP growth. Highlights relating to India GDP forecast has been cut citing the hit on economic activity due to the second wave of the COVID-19 pandemic. Due to the second ..

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IMF’s Asia Growth Forecast

April 14, 2021

The International Monetary Fund recently released its World Economic Outlook report. Under its report, IMF has downgraded the forecasts for the South East Asian economies. On the other hand, it has been more optimistic about Asia-Pacific and Global economies. Key Findings of IMF According to the World Economic outlook report of IMF, the countries such ..

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OECD interim ‘Economic Outlook’

March 10, 2021

The Organisation for Economic Co-operation and Development (OECD) published its interim Economic Outlook on March 9, 2021. It has projected that the Indian economy will grow at the rate of 12.6% in Financial Year 2022. This will be the highest among G20 countries. Highlights The economic outlook is aided by the additional fiscal support after ..

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World Economic Outlook, 2021

January 27, 2021

Recently, the International Monetary Fund (IMF) has released the “World Economic Outlook, 2021” report. Key Findings of report The report highlights that, India will witness the strongest growth among the main economies. India’s economy will expand by 11.5 percent in 2021 as opposed to the 8.8 percent growth that was predicted in October 2020. However, ..

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