IMF chief expects world economy to grow by 3%

The IMF’s director predicts that the global economy will expand by 3% during the following five years.

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IMF chief expects world economy to grow by 3% © The Strategist

According to the International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva, the global economy will expand by roughly 3% over the next five years.

Georgieva spoke on the anticipated development in the global economy during a meeting at the IMF, saying, “We forecast growth of about 3% in the next five years.”

The head of the fund also noted that the 3.8% medium-term prediction for global economic growth is the “weakest” in decades.

source: imf.org

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