🔴 Britain’s GDP growth will be worse than any other major economy with Germany the only other country seeing its economy shrink
is set to shrink by 0.3 per cent this year and grow by just 1 per cent in 2024, according to the latest version of the fund’s World Economic Outlook.
Germany is the only other member of the G7 to be on course for a decline in GDP with even Russia predicted to see economic growth. Chancellor Jeremy Hunt said: “Thanks to the steps we have taken, the OBR says the UK will avoid recession, and our IMF growth forecasts have been upgraded by more than any other G7 country. The IMF now say we are on the right track for economic growth. By sticking to the plan we will more than halve inflation this year, easing the pressure on everyone.”
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
What to expect at this week’s IMF and World Bank meetings\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Weiterlesen »
Interest rates will return to low pre-pandemic levels, new IMF analysis predictsEconomists at the IMF said that, once inflation was brought back under control, real interest rates were likely to return towards pre-pandemic levels
Weiterlesen »
Ultra-low interest rates set to return, IMF saysA report found that the hike in inflation sparked by the pandemic is likely to be a blip rather than a permanent shift in the global financial climate.
Weiterlesen »
Interest rates likely to fall to pre-Covid levels, IMF predictsThe IMF predicts borrowing costs will fall back once high inflation is brought under control.
Weiterlesen »
World economy entering 'perilous phase' with UK to perform worst in G7 this year, IMF saysIMF chief economist Pierre-Olivier Gourinchas has said inflation is much more persistent than expected.
Weiterlesen »
Veterans’ film selected from 7,000 to be screened at festival in Germany'While our film was being shown I heard someone say, ‘Wow’. Then when we went back into the room to discuss it someone else also said, ‘Wow’'
Weiterlesen »