IMF's Global Economic Outlook: Growth to Slow in 2025

The International Monetary Fund (IMF) has released its latest projections for the global economy. In a report issued on Tuesday, the IMF forecasted a significant slowdown in global economic growth for 2025, citing rising costs and uncertainties as key factors.

According to the IMF, the global economy is expected to grow at a rate of 2.8 percent in 2025, down from the previous estimate of 3.3 percent.

Key Economies' Projections

• United States: The U.S. economy is projected to grow by 1.8 percent this year, lower than the earlier estimate of 2.7 percent.

• China: China's economic growth is expected to decline to 4 percent, compared to the previous forecast of 4.6 percent.

• United Kingdom: The UK economy is anticipated to grow by 1.1 percent, down from the prior projection of 1.6 percent.

IMF's Role

The International Monetary Fund plays a crucial role in maintaining global economic stability. The organization monitors economic activities worldwide and provides policy advice to its member countries. Additionally, it offers short-term loans and assistance to nations facing economic crises.

This IMF forecast highlights potential challenges for the global economy, urging policymakers to take appropriate measures to ensure economic stability and growth.