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IMF backs Milei’s reforms in third review of Argentina deal
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Bangladesh set to overtake India again in per capita GDP, IMF forecasts
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Key FactsIMF Raises Growth Forecast Amid Trade Policy Shifts
Jul 29, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: theguardian.com
  • The IMF upgraded the 2025 global growth forecast to 3%, reflecting reduced tariff threats from the US administration.

  • Despite improvements, US trade policies remain unpredictable, with recent deals stimulating international commerce.

  • Countries such as the UK are expected to see modest growth increases, with the UK forecasted at 1.2% this year.

  • Tariffs remain elevated historically, posing downside risks to investment and economic activity without broader trade agreements.
  • It is important to reaffirm and preserve the principle of central bank independence.
    — Pierre-Olivier Gourinchas, IMF chief economist, on the importance of central bank independence.
IMF raises Nigeria’s 2025 growth forecast to 3.4%
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UPDATED: IMF reaffirms support for Egypt’s economic reforms as 5th review ...
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IMF sharply lowers 2025 growth forecast for Middle East and North Africa
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Economic outlook: IMF cuts US and global growth forecasts on tariff impact
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Key FactsIMF Predicts Major Economic Struggles for UK
Apr 22, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: metro.co.uk
  • The IMF has downgraded the UK’s growth outlook by one third, forecasting only 1.1% expansion in 2025.

  • US tariffs imposed by Donald Trump are expected to severely disrupt the British economy and global trade dynamics.

  • UK inflation is projected at 3.1%, the highest among G7 countries this year according to the IMF.

  • These economic pressures coincide with an impending government spending review likely to introduce significant budget cuts.
  • While many of the scheduled tariff increases are on hold for now, the combination of measures and countermeasures has hiked US and global tariff rates to centennial highs.
    — Pierre-Olivier Gourinchas, IMF’s top economist, said: "While many of the scheduled tariff increases are on hold for now, the combination of measures and countermeasures has hiked US and global tariff rates to centennial highs."