📈 According to the IMF:
- Global growth is expected to decline from 3.5% in 2022 to 3.0% in 2023 and 2024, mainly due to central bank interest rate hikes to curb inflation.
- Global inflation is predicted to decrease from 8.7% in 2022 to 6.8% in 2023 and further to 5.2% in 2024, with core inflation showing a gradual decline.
- Risks to the outlook include persistently high inflation, geopolitical tensions, and financial sector turbulence.
- The priority is achieving sustainable disinflation and ensuring financial stability.
- Central banks must focus on restoring price stability and enhancing financial supervision.
- Countries should be prepared to provide liquidity if necessary and build fiscal buffers while supporting vulnerable sectors.
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