Africa: Global Economy Set for Weakest Run Since 2008 Outside of Recessions: [World Bank] 2025 Growth Forecasts Cut for 70 Percent of Economies http://newsfeed.facilit8.network/TLJXqk #Africa #GlobalEconomy #EconomicForecast #WorldBank #GrowthForecasts

South Korean government announces 10 trillion won supplementary budget focused on wildfire recovery and disaster response, raising concerns about its adequacy in addressing broader economic challenges amid downgraded growth forecasts and political tensions.
#YonhapInfomax #SupplementaryBudget #WildfireRecovery #EconomicChallenges #PoliticalTensions #GrowthForecasts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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The UK's growth expectation was kept at 0.6% for this year and reduced from 2% to 1.6% for next year. These adjustments reflect evolving economic dynamics and uncertainties. #IMFReport #EurozoneEconomy #GrowthForecasts #EconomicOutlook

The growth expectation for the French economy was adjusted from 1.3% to 1% for this year and from 1.8% to 1.7% for next year. Italy's forecast was maintained at 0.7% for 2024 and increased from 1% to 1.1% for 2025. Spain's growth forecast was reduced from 1.7% to 1.5% for this year, while it remained constant at 2.1% for next year. #IMFReport #EurozoneEconomy #GrowthForecasts #EconomicOutlook

In the latest IMF report, adjustments were made to the growth forecasts for the Eurozone and individual member countries. The growth forecast for the Eurozone economy was revised down from 1.2% to 0.9% for this year and from 1.8% to 1.7% for 2025. Notable changes in individual country forecasts include a reduction in Germany's growth forecast from 0.9% to 0.5% for this year and from 2% to 1.6% for next year. #IMFReport #EurozoneEconomy #GrowthForecasts #EconomicOutlook