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Pinned Tweet
IMF Growth Forecast: 2024
🇺🇸 US: 2.7%
🇩🇪 Germany: 0.2%
🇫🇷 France: 0.7%
🇮🇹 Italy: 0.7%
🇪🇸 Spain: 1.9%
🇬🇧 UK: 0.5%
🇯🇵 Japan: 0.9%
🇨🇳 China: 4.6%
🇮🇳 India: 6.8%
🇷🇺 Russia: 3.2%
🇧🇷 Brazil: 2.2%
🇲🇽 Mexico: 2.4%
🇸🇦 KSA: 2.6%
🇳🇬 Nigeria: 3.3%
🇿🇦 S. Africa: 0.9%
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A key measure of productivity has slowed in recent years, and this in turn has been a main reason for slower global growth. Policy changes and new technologies can help, our study finds.
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IMF Retweeted
Global revenues from the extraction of copper, nickel, cobalt, and lithium are estimated to total $16 trillion over the next 25 years, of which sub-Saharan Africa stands to reap over 10%. Find out more in this IMF country focus article.
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IMF Growth Forecast: 2024
US 🇺🇸: 2.7%
Germany 🇩🇪: 0.2%
France 🇫🇷: 0.7%
Italy 🇮🇹: 0.7%
Spain 🇪🇸: 1.9%
UK 🇬🇧: 0.5%
Japan 🇯🇵: 0.9%
Canada 🇨🇦: 1.2%
China 🇨🇳: 4.6%
India 🇮🇳: 6.8%
Russia 🇷🇺: 3.2%
Brazil 🇧🇷: 2.2%
Saudi Arabia 🇸🇦: 2.6%
Nigeria 🇳🇬: 3.3%
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IMF Retweeted
Very productive meeting with Pakistan’s Prime Minister
@CMShehbaz
and his team during
#SpecialMeeting24
. We discussed policy reforms and strong decisions to address 🇵🇰 challenges and create stronger sustained and more inclusive growth for the benefit all Pakistanis.
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Almost 40% of global employment is exposed to AI - about 60% in advanced economies. The IMF’s new AI preparedness index shows wealthier economies are better equipped for AI adoption than low-income countries.
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The global economy has shown remarkable resilience, with steady growth defying recession fears. We project global growth at 3.2% in 2024 and 2025 in our latest WEO - a slight upgrade but below the 3.8% historical average. More here.
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Changes in housing and mortgage characteristics helped weaken monetary policy transmission in some countries and strengthen it in others. See our new blog for more.
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History shows that governments spend more and tax less in election years. Our new Fiscal Monitor shows why governments should exercise restraint to preserve sound public finances this year, when a record number of countries hold elections. Read more here:
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The rapid growth of the private credit market—an opaque and interconnected segment of the financial system—may raise financial risks due to limited oversight. Learn more about these existing fragilities and our policy recommendations in this blog.
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We launch our latest Asia and Pacific Regional Economic Outlook report in Singapore on Tuesday, April 30th at 10am (April 29th at 10pm ET). Learn more:
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In 2020, when tourism to Jamaica came to a halt, the country received emergency financing from the IMF, which enabled it to support its economy and people.
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The clean energy transition could lift sub-Saharan Africa's GDP by over 12% by 2050 through critical mineral revenues. Our new note explores how the region can go beyond mining to higher value-added processing.
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Demographics are shifting in Latin America and the labor force will not grow as fast as before, potentially undercutting economic growth. Read our blog to learn about the policies that can help.
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IMF Retweeted
Always a pleasure to meet with
@DrTedros
, here at
@wef
's
#SpecialMeeting24
. Proud of our collaboration with
@WHO
as we tackle global challenges head-on, bolstering pandemic preparedness and resilience. Together, working to safeguard our future.
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Cyberattacks frequently target the financial sector, which manages vast amounts of sensitive data. Nearly 20% of these incidents aim at financial firms, highlighting the critical need for robust cybersecurity measures. Learn more in our blog.
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IMF Retweeted
🌐✈️ Back in Riyadh! I am honored to take part in
@wef
's
#SpecialMeeting24
to discuss ways to reignite global growth. It is also a fantastic opportunity to connect with Saudi authorities, global leaders, and celebrate the 50 years of the
@isdb_group
.
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Growth in Latin America will average about 2% per year in the next five years, below its already low historical average, according to the latest IMF projections. Find out why in our latest blog:
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Companies face increased risk of extreme losses from cyber incidents. The size of these losses has more than quadrupled since 2017 to $2.5 billion. See our blog outlining how rising cyber threats pose concerns for financial stability.
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IMF Retweeted
The IMF will open a new regional office in Riyadh, KSA 🇸🇦 to enhance our partnership with countries in the Middle East and beyond—and scale up capacity building, policy advice, and outreach—to promote economic stability, growth, and regional integration.
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IMF Retweeted
When Zambia declared free education for all children in 2022, it needed the right partnerships to support schools like Matipula. The IMF's $1.3 billion support for Zambia is helping to meet a much-needed increase in spending on education and other sectors.
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