The fund’s experts raised their expectations by 0.5 percentage points compared to the April document.
Global GDP growth in 2022 should be 4.9%. This forecast is contained in the updated report of the International Monetary Fund (IMF) on the prospects for the development of the world economy published on Tuesday. The fund’s experts raised their expectations by 0.5 percentage points compared to the April document.
At the same time, the forecast for this year remained unchanged – growth at the level of 6%.
“The global forecast for 2021 remains unchanged compared to the report in April, but with amendments. The prospects for emerging markets and developing countries are reduced this year, especially for Asia, the authors note. – At the same time, the forecast for developed economies has improved. The increase in the forecast by 0.5 percentage points in 2022 is largely due to <…> developed economies, in particular the United States, reflecting the expected bill on additional budget support in the second half of 2021.”
The IMF experts have improved the forecast of US GDP growth this year to 7% (instead of 6.4%), and in 2022 – to 4.9% (instead of 3.5%).