(This is the press conference of the World Economic Outlook Report of the International Monetary Fund (IMF) in Washington, US, on October 11.) The International Monetary Fund (IMF) released the latest World Economic Outlook Report on the 11th. It is estimated that the global economy will grow by 3.2% in 2022, which is the same as the forecast in July; In 2023, the global economic growth will further slow down to 2.7%, 0.2 percentage points lower than the forecast value in July. The report points out that the current global economy faces many challenges: the inflation rate has reached the highest level in decades, the financial environment in most regions has been tightened, the crisis in Ukraine and the new epidemic continue, which seriously affect the prospects for global economic growth. (This is the press conference of the World Economic Outlook Report of the International Monetary Fund (IMF) in Washington, US, on October 11.) Specifically, developed economies are expected to grow by 2.4% this year, 0.1 percentage point lower than the previous forecast; It will grow 1.1% next year, 0.3 percentage points lower than the previous forecast. Emerging markets and developing economies are expected to grow by 3.7% this year, 0.1 percentage points higher than the previous forecast; It will grow by 3.7% next year, 0.2 percentage points lower than the previous forecast. IMF President Georgieva previously said that even if the economy achieves positive growth, people will feel that they have experienced an economic recession because of the shrinking real income and rising prices. (This is the press conference of the World Economic Outlook Report of the International Monetary Fund (IMF) in Washington, US, on October 11.) The report also pointed out that the global economic outlook faces huge downside risks. Monetary policy may make mistakes in dealing with inflation. More energy and food price shocks may cause inflation to last longer. A tightening of the global financing environment may lead to widespread debt difficulties in emerging markets. (Liu Xinshe)
Edit：Yi Bing Responsible editor：Wei Li Bin
Source：XinhuaNet
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