World Economic Outlook
- The World Economic Outlook (WEO) is an International Monetary Fund’s report that provides analysis and forecasts of economic developments and policies in its member countries.
- The report encapsulates the state of the global economy and highlights risks and uncertainty that threaten growth.
- It is usually published twice a year.
Why in News?
- The International Monetary Fund (IMF) has released its latest World Economic Outlook for 2024.
Highlights of the Report
- The International Monetary Fund (IMF) has maintained its global growth forecast for 2024 and 2025 at 3.2%.
- India’s GDP growth is likely to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025.
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