IMF lifts world growth outlook as vaccines offset uncertainty
Japan and China outlooked revised downwards
26 January 2021 - 16:44
Mexico City —The International Monetary Fund (IMF) raised its forecast for global growth 2021, betting the rollout of coronavirus vaccines and more fiscal stimulus will offset the immediate challenge posed by the resurgent pandemic.
Global GDP will rise 5.5% in 2021, faster than the 5.2% projected in October, the fund said on Tuesday. It credited improvement in the US for much of the upgrade, which was offset by cuts to its predictions for the eurozone and UK...
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