DGT - Global growth (GDP) forecast raised to 6%: IMF

Despite high uncertainty levels still prevalent, the International Monetary Fund is optimistic about global growth this year; it raised its 2021 GDP forecasts (for second time in three months) to 6% from its 5.5% January forecast levels led by stronger economic recovery amid vaccine rollouts.For 2022, global GDP is seen increasing by 4.4%, higher than an earlier estimate of 4.2%."Even with high uncertainty about the path of the pandemic, a way out of this health and economic crisis is increasingly visible," IMF chief economist Gita Gopinath said in the latest World Economic Outlook report.She further added that the outlook presents daunting challenges related to divergences in the speed of recovery both across and within countries and the potential for persistent economic damage from the crisis.The divergent recovery paths are likely to widen the global gap in living standards, IMF added; fund estimated per-capita income losses over the 2020-22 period in emerging and developing

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Global growth (GDP) forecast raised to 6%: IMF