IMF cuts SA’s 2025 growth forecast to just 1% in latest bleak assessment скачать в хорошем качестве

IMF cuts SA’s 2025 growth forecast to just 1% in latest bleak assessment

The International Monetary Fund has once again slashed South Africa's growth forecast, cutting expectations by 0.5 percentage points for 2025 to just 1 percent. The IMF published its April update to its World Economic Forecast on Tuesday. Intensifying downside risks dominate the outlook for the world economy amid escalating trade tensions and financial market adjustments. It warned that divergent and swiftly changing policy positions or deteriorating sentiment could lead to even tighter global financial conditions. As a result of escalating trade tensions, most notably between the United States and China, global growth is projected to drop to 2.8% in 2025 and 3% in 2026, down from earlier projections of 3.3% for both years. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.