imf world economic outlook 2020

The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries.The WEO is released in April and September/October each year. In 2021 global growth is projected at 5.4 percent. Liquidity assistance is urgently needed for countries confronting health crises and external funding shortfalls, including through debt relief and financing through the global financial safety net. The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery is projected to be more gradual than previously forecast. Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. Overall, this would leave 2021 GDP some 6½ percentage points lower than in the pre-COVID-19 projections of January 2020. The IMF Press Center is a password-protected site for working journalists.Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. July 18, 2019 Annexes, boxes, charts, and an extensive statistical appendix augment the text. A Survey by the IMF staff usually published twice a year. The IMF Press Center is a password-protected site for working journalists. All rights reserved. April 9, 2018 January 11, 2019 The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery is projected to be more gradual than previously forecast.

January 9, 2020 April 6, 2020 As a result of the pandemic, the global economy is projected to contract sharply by –3 percent in 2020, much worse than during the 2008–09 financial crisis. Growth is expected to rise to 4.5% in 2021. Moreover, the forecast assumes that financial conditions—which have eased following the release of theApril 2020 WEO—will remain broadly at current levels. The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery is … Alternative outcomes to those in the baseline are clearly possible, and not just because of how the pandemic is evolving. Furthermore, building on the record drop in greenhouse gas emissions during the pandemic, policymakers should both implement their climate change mitigation commitments and work together to scale up equitably designed carbon taxation or equivalent schemes.

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