international currency Fund i.e. IMF released the latest “World Economic Outlook Report” on April 11, in which it is estimated that China’s economic growth rate will be 5.2 percent in 2023, giving a positive boost to the global economy. IMF economic advisor and research director Pierre Olivier Gulancha said at a press conference that day that the adaptation and adjustment of China’s epidemic prevention policies have helped China’s economy grow strongly.
This is a huge positive sign for the global economy and China will become a major engine of global economic growth. According to the report, the global economy will grow at 2.8 percent in 2023, which is 0.1 percent less than the previous forecast. Among them, the economies of emerging markets and developing economic communities are expected to grow at a rate of 3.9 percent this year.
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