TNPSC Thervupettagam

World Economic Outlook

October 16 , 2021 943 days 738 0
  • It was published by the International Monetary Fund (IMF).
  • The report improved its growth forecasts of the Latin American and Caribbean economy in the year 2021.
  • According to IMF, the world economy will grow by 9% in 2021.
  • In July 2020, it expected an increase of 6%.
  • The Growth is still conditioned by the prolongation of the covid-19 pandemic.
  • IMF projected the growth rate by 4.9% in 2022.

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