What is the projected global economic growth rate for 2025, according to the International Monetary Fund (IMF)?
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Explanation:
The International Monetary Fund (IMF) has revised its global growth forecast for 2025 to 2.8%, down from 3.3% in 2024. This downgrade reflects the economic impact of escalating trade tensions and the implementation of high U.S. tariffs, which have disrupted global trade and investment. The IMF attributes the slowdown to policy-induced uncertainties and elevated trade barriers, particularly between the U.S. and China, which have led to reduced productivity and increased inflationary pressures worldwide.
Answer:
What is the projected global economic growth rate for 2025, according to the International Monetary Fund (IMF) 2.8%.
