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Economic outlook: IMF revises its 2021 forecast upwards

08/04/2021
Categories: Economy/Forex

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The International Monetary Fund (IMF) revised its outlook for the global economy on Tuesday. Thus, it was noted a growth of 6% in 2021.

Global economic growth for 2021 is up 0.5 percentage points from its January forecast. “Thanks to the ingenuity of the scientific community, hundreds of millions of people are getting vaccinated and this should spur recovery in many countries later this year,” IMF Chief Economist Gita Gopinath said during a meeting. a virtual press briefing during the World Bank and IMF Spring Meetings.

She said economies were continuing to adapt to new ways of working despite reduced mobility and that major economies, particularly the United States, had rolled out additional financial aid, which helped improve the outlook.

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