IMF and World Bank annual meetings kick off in Washington DC

Goldman Sachs is among a growing list of top investment banks cutting their forecast for global economic growth due to the ongoing COVID-19 pandemic. The International Monetary Fund is also set to present its World Economic Outlook report. It had previously projected global economic growth to reach 6% in 2021, but now says that its new projection will show growth to "moderate slightly". The IMF has warned there could still be pandemic-related shocks that would cause inflation to "remain elevated for longer".

Subscribe to our channel here: https://cna.asia/youtubesub

Subscribe to our news service on Telegram: https://cna.asia/telegram

Follow us:
CNA: https://cna.asia
CNA Lifestyle: http://www.cnalifestyle.com
Facebook: Facebook: channelnewsasia
Instagram: Instagram: channelnewsasia
Twitter: Twitter: channelnewsasia

• #news_politics
• #cna
• #channel_newsasia
• #world_bank
• #international_monetary_fund
• #imf
• #goldman_sachs
• #covid_19
• #pandemic
• #economic_forecasts
• #recovery
• #global_recovery
• #vaccinations
• #vaccination
• #world_economic_outlook
• #moderate_slightly
• #global_financial_stability_report
• #cryptocurrency
• #green_economy
• #investment_funds