IMF expects Saudi economy to grow by 2.8% in 2021
- Date: 14-Oct-2021
- Source: Zawya
- Sector:Economy
- Country:Saudi Arabia
IMF expects Saudi economy to grow by 2.8% in 2021
However, the 2022 growth forecast remained unchanged. The 2021 forecast for the MENA region stays at 4.1 percent, but the IMF’s 2022 growth prediction rose by 0.4 percent to 4.1 percent. Upward revisions in growth forecasts for emerging markets and developing economies (which includes MENA) were attributed to favorable assessments of some commodity exporters and a “stronger-than-anticipated domestic demand” in regional economies. This outweighed the adverse developments of the pandemic. The IMF also predicts consumer prices to increase by 12.7 percent in 2021 and 8.6 percent in 2022 for the MENA region. The inflation increase is fueled by hikes in food prices due to local shortages and jumps in global food prices. However, the Kingdom’s inflation rate for 2021 is expected to be a much-lower 1.6 percent while the price increase in 2022 is projected to be moderately higher, rising by 2.2 percent. For the US, the world’s largest economy, the IMF predicts growth of 6 percent for 2021, below its July forecast of 7 percent. The downward revision reflects a slowdown in economic activity resulting from a rise in COVID-19 cases and delayed production caused by supply shortages and a resulting acceleration of inflation. The IMF predicts that for
;
𝗗𝗲𝘀𝗽𝗶𝘁𝗲 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗵𝗮𝗿𝗱𝘀𝗵𝗶𝗽, 𝗜𝗠𝗙 𝗴𝗶𝘃𝗲𝘀 𝗖𝗮𝗺𝗲𝗿𝗼𝗼𝗻 𝗽𝗮𝘀𝘀𝗲𝗱 𝗺𝗮𝗿𝗸𝘀
The IMF is banking on #Cameroon achieving the 4.5 percent "growth in the medium term on the provision that it improves business climate..."
https://www.theguardianpostcameroon.com/post/904/en/despite-economic-hardship-imf-gives-cameroon-passed-marks
What would the IMF think?
January 2023 World Economic Outlook Update projects that global growth will fall to 2.9 percent in 2023 but rise to 3.1 percent in 2024. The 2023 forecast is 0.2 percentage point higher than predicted in the October 2022 World Economic Outlook
GOLDMAN SACHS UPGRADES CHINA'S Q1 GDP GROWTH FORECAST TO 4% YEAR-ON-YEAR VS PRIOR ESTIMATE OF GROWTH OF 2.7%
Citizenship by Investment Programme: IMF report shows growth for St Kitts and Nevis
St Kitts and Nevis has shown a projected growth of 4.5 percent due to the country’s Citizenship by Investment Programme indicated by the latest In…https://lnkd.in/ew6MmN8s https://lnkd.in/ehTum8ei
PM John Briceño: "In Belize, annual economic growth, according to the latest Statistical Institute of Belize data, reached 12.4 percent in 2022, an impressive jump and double what the IMF had predicted in last year’s Article Four Report"
#India has made significant progress towards meeting its emissions reductions targets under the Paris Agreement, but with current policies total #GHG emissions would nonetheless increase by more than 40 percent by 2030
#ClimateChange
@IMFNews
#Energy
#BL https://www.imf.org/en/News/Articles/2023/03/06/cf-india-can-balance-curbing-emissions-and-economic-growth#.ZAnFli1YA2M.twitter
IMF Chief Sees 2023 Global Growth Forecast Holding Steady - https://is.gd/gZAN1E The International Monetary Fund (IMF) is not expected to downgrade its forecast for 2.7 percent growth in 2023, the head of the global...
The International Monetary Fund is not expected to downgrade its forecast for 2.7 percent growth in 2023, the head of the global lender has said, noting that concerns about an #oilprice spike had failed to materialise and labour markets remained strong.
#PoliticalUprising #IMF
The IMF is not expected to downgrade its forecast for 2.7 percent growth in 2023, the head of the global lender said, noting that concerns about an oil price spike had failed to materialize and labor markets remained strong. | @Reuters https://business.inquirer.net/382112/imf-chief-expects-to-keep-2023-global-growth-forecast-steady-at-2-7?utm_medium=Social&utm_source=Twitter#Echobox=1673567426-1
Kenya’s economic growth projected to drop below 5 percent
https://afrinewske.com/kenyas-economic-growth-projected-to-drop-below-5-percent/
#Kenya #Business #economy #IMF #IMFC #Worldbank #economicgrowth
Just a decade ago, Indian GDP was the eleventh largest in the world. Now, with 7 percent growth forecast for 2022, India's economy has overtaken the United Kingdom's in terms of size, making it the fifth biggest. That's according to the latest figures from the IMF
This is the video of 2017 when Pakistan called the IMF Good bye, at that time the foreign exchange reserves were 24 billion dollars, the stock exchange index was 54 thousand, the inflation rate was only 3 percent, the growth rate was 6 percent, then The people were put in power
In October, the #IMF estimated that global #GDP growth would decline to 2.7 percent in 2023, down from 3.2 percent in 2022.
Source: "Five Things to Watch in 2023" by CSIS's
The International Monitory Fund (IMF) has expressed optimism about the Indian economy estimated to grow 6.1 percent in 2023-2024, despite the global economic downturn.
https://www.khaama.com/imf-optimism-about-indian-economic-growth/
#RebuildingPakistan
According to the World Bank and IMF, economic growth was at 6 percent before 2018
#IMF predicts that global growth of #UAE slowing from 3.2 percent in 2022 to 2.7 percent in 2023, the UAE is now one of the centers of global growth.
আন্তর্জাতিক বিশ্বের টালমাটাল পরিস্থিতি প্রভাব ফেলছে ভারতীয় অর্থনীতিতে
#BusinessNews #IMFIndiaGDPGrowth #EiSamay
https://eisamay.com/business/business-news/imf-projects-6-8-percent-growth-in-current-fiscal-for-india-details-here/articleshow/96495758.cms
https://newsdnntv.com/news/imf-india-s-economic-growth-rate-6-8-percent अंतरराष्ट्रीय मुद्रा कोष का भारत की आर्थिक वृद्धि दर 6.8 फीसदी रहने का अनुमान
IMF ने घटाया भारत का जीडीपी ग्रोथ अनुमान, वित्त वर्ष 2022-23 में 6.8 और 2023-24 में 6.1 फीसदी रहेगी ग्रोथ रेट https://lagatar.in/imf-reduced-indias-gdp-growth-forecast-growth-rate-will-be-6-8-percent-in-fy-2022-23-and-6-1-percent-in-2023-24/ #IMF #reduced #India #GDP #growthrate #estimate #FY202223 #nextFY
#IMF
Projecting a growth rate of 6.8 percent and 6.1 percent in current and next fiscal, the IMF said that India is navigating a difficult external environment
https://psuwatch.com/imf-projects-6-8-growth-in-current-fiscal-for-india/
@imfcapdev @IMFNews
इस साल कितनी रहेगी देश की आर्थिक ग्रोथ, IMF ने बताया; साथ ही कही ये बड़ी बात
https://www.tv9hindi.com/business/imf-tells-india-growth-rate-will-be-more-than-six-percent-next-year-au234-1625415.html
#GDP - IMF ने कहा कि मौजूदा वित्त वर्ष में 6.8% की दर से बढ़ेगी भारत की GDP, लेकिन अगले साल इन वजहों से धीमी हो सकती है ग्रोथ
@FinMinIndia @nsitharaman @narendramodi @PMOIndia
#gdpgrowth #india #economy #GDPGrowthRate #imf #LatestNews #moneycontrol
https://hindi.moneycontrol.com/news/business/imf-sees-india-gdp-growth-rate-slowing-to-6-1-percent-in-fy24-958351.html
IMF sees Central Africa’s economic growth at 3.4 percent this year https://africabriefing.com/imf-sees-central-africas-economic-growth-at-3-4-percent-this-year/
IMF sees Central Africa’s economic growth at 3.4 percent this year https://africabriefing.com/imf-sees-central-africas-economic-growth-at-3-4-percent-this-year/
RT @IMFNews Asia’s growth expected to slow from 6.5 percent (2021) to 4.0 percent (2022) and 4.3 percent (2023). Learn more in our latest Regional Economic Outlook report: http://bit.ly/3DcXHSV
RT @IMFNews
Asia’s growth expected to slow from 6.5 percent (2021) to 4.0 percent (2022) and 4.3 percent (2023). Learn more in our latest Regional Economic Outlook report: http://bit.ly/3DcXHSV
Select Sector 
Select Country 
