{"id":50598,"date":"2023-10-10T12:39:30","date_gmt":"2023-10-10T12:39:30","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/imf-keeps-global-gdp-forecast-constant-at-3-for-2023-lowers-for-2024"},"modified":"2023-10-10T13:13:25","modified_gmt":"2023-10-10T13:13:25","slug":"imf-keeps-global-gdp-forecast-constant-at-3-for-2023-lowers-for-2024","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/imf-keeps-global-gdp-forecast-constant-at-3-for-2023-lowers-for-2024","title":{"rendered":"IMF keeps global GDP forecast constant at 3% for 2023, lowers for 2024"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Malawi. <\/strong><\/span>The International Monetary Fund (IMF) on Tuesday announced that it kept its GDP growth forecast for the global economy constant at 3% for 2023, but lowered its expectation for 2024 by 0.1 percentage points to 2.9%.<\/p>\n<p>The institute&#8217;s growth expectation for the advanced countries were unchanged at 1.5% and 1.4% for 2023 and 2024, respectively, the IMF said in a report.<\/p>\n<p>Emerging markets&#8217; GDP growth is expected to be at 4% for both 2023 and 2024, while the fund&#8217;s previous forecast, in July, was at 4.1% for 2024.<\/p>\n<p>The euro area is expected to grow 0.7% in 2023, down 0.2 percentage points, and 1.2% in 2024, down 0.3 points.<\/p>\n<p>Among major eurozone economies, Germany is expected to narrow 0.5% this year and grow 0.9% next year, while both expectations dropped.<\/p>\n<p>The IMF&#8217;s forecasts for the US economy were 2.1% this year and 1.5% next year, both showed a rise from the previous report.<\/p>\n<p>The Chinese economy is expected to grow 5% this year and 4.2% in 2024, while these figures were at 2.2% and 1.1% for Russia, respectively.<\/p>\n<p>The IMF also lowered its forecast for world trade growth volume from 2% to 0.9% for this year and from 3.7% to 3.5% for the next year.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/malawi\">Malawi<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Malawi. The International Monetary Fund (IMF) on Tuesday announced that it kept its GDP growth forecast for the global economy constant at 3% for 2023, but lowered its expectation for 2024 by 0.1 percentage points to 2.9%. The institute&#8217;s growth expectation for the advanced countries were unchanged at 1.5% and 1.4% for 2023 [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":50596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,371,140,7127,1822,234],"class_list":{"0":"post-50598","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-all-news","8":"category-economy","9":"tag-africa-press","10":"tag-africa-press-malawi","11":"tag-gdp","13":"tag-imf","14":"tag-malawi"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IMF keeps global GDP forecast constant at 3% for 2023, lowers for 2024 - Malawi<\/title>\n<meta name=\"description\" content=\"The International Monetary Fund (IMF) on Tuesday announced that it kept its GDP growth forecast for the global economy c ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/imf-keeps-global-gdp-forecast-constant-at-3-for-2023-lowers-for-2024\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF keeps global GDP forecast constant at 3% for 2023, lowers for 2024\" \/>\n<meta property=\"og:description\" content=\"The International Monetary Fund (IMF) on Tuesday announced that it kept its GDP growth forecast for the global economy c ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/imf-keeps-global-gdp-forecast-constant-at-3-for-2023-lowers-for-2024\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-10T12:39:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-10T13:13:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/10\/sm_1696930993.594665.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"863\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/imf-keeps-global-gdp-forecast-constant-at-3-for-2023-lowers-for-2024#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/imf-keeps-global-gdp-forecast-constant-at-3-for-2023-lowers-for-2024\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"IMF keeps global GDP forecast constant at 3% for 2023, lowers for 2024\",\"datePublished\":\"2023-10-10T12:39:30+00:00\",\"dateModified\":\"2023-10-10T13:13:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/imf-keeps-global-gdp-forecast-constant-at-3-for-2023-lowers-for-2024\"},\"wordCount\":197,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/imf-keeps-global-gdp-forecast-constant-at-3-for-2023-lowers-for-2024#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/10\/sm_1696930993.594665.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"GDP\",\"growth\",\"IMF\",\"Malawi\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/imf-keeps-global-gdp-forecast-constant-at-3-for-2023-lowers-for-2024#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/imf-keeps-global-gdp-forecast-constant-at-3-for-2023-lowers-for-2024\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/imf-keeps-global-gdp-forecast-constant-at-3-for-2023-lowers-for-2024\",\"name\":\"IMF keeps global GDP forecast constant at 3% for 2023, lowers for 2024 - 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