IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks

IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks

Crowds of people walk under neon signs on Nanjing Road. The street is the city’s main shopping district and one of the busiest shopping districts in the world. Nikada | E+ | Getty Images The International Monetary Fund slightly raised its global growth forecast on Tuesday, saying the economy had proven “surprisingly resilient” despite inflationary…

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Russia’s economy ‘in for very tough times’ despite improved outlook: IMF

Russia’s economy ‘in for very tough times’ despite improved outlook: IMF

Kristalina Georgieva, Managing Director of the International Monetary Fund, at a press conference at IMF headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images The head of the International Monetary Fund warned that the Russian economy still faces significant headwinds despite the Washington-based institution’s recent growth upgrade. Russia’s economy has…

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