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Global economy to remain 'resilient', says IMFHowever, the IMF said work was needed to boost global growth rates above an anemic 3 percent range for the near term.
Reuters
Last Updated IST
<div class="paragraphs"><p>The International Monetary Fund (IMF) logo.</p></div>

The International Monetary Fund (IMF) logo.

Credit: Reuters File Photo

Washington: Global economic growth will remain "resilient" in 2024 after a stronger-than-expected 2023, the International Monetary Fund said on Thursday, but work was needed to boost global growth rates above an anemic 3 percent range for the near term.

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IMF spokesperson Julie Kozack told a regular news briefing that the global economy appeared headed for a "soft landing" with inflation subsiding and labor markets resilient, but low-income countries could still fall further behind. The IMF is expected to release an update to its economic forecasts later this month.

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(Published 11 January 2024, 22:24 IST)