IMF upgrades its global economic forecast

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The International Monetary Fund (IMF) has given a brighter outlook in its latest report, predicting that inflation will slow and European economies had shown more resilience. The agency says the abandonment by China of its zero-Covid policy has paved the way for a faster-than-expected recovery for most countries. Growth is now expected to be 2.9%. (Picture: IMF International Monetary Found logo seen on Mobile with IMF with Dollar bills on screen in this photo illustration. Picture Credit: Getty Images).