U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST-UPGRADE

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST-UPGRADE

(240416) -- WASHINGTON, D.C., April 16, 2024 (Xinhua) -- This photo taken on April 16, 2024 shows the International Monetary Fund headquarters in Washington, D.C., the United States. The International Monetary Fund (IMF) on Tuesday upgraded its forecast of global growth in 2024 to 3.2 percent, 0.1 percentage points higher than its projection in January, according to its newly released World Economic Outlook (WEO) report. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST-UPGRADE

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST-UPGRADE

(240416) -- WASHINGTON, D.C., April 16, 2024 (Xinhua) -- Pedestrians walk past the International Monetary Fund headquarters in Washington, D.C., the United States, April 16, 2024. The International Monetary Fund (IMF) on Tuesday upgraded its forecast of global growth in 2024 to 3.2 percent, 0.1 percentage points higher than its projection in January, according to its newly released World Economic Outlook (WEO) report. (Xinhua/Liu Jie)

IMF lowers projections for Egypt's real GDP growth in FY2023/2024

STORY: IMF lowers projections for Egypt's real GDP growth in FY2023/2024 SHOOTING TIME: Earlier footage DATELINE: Jan. 31, 2024 LENGTH: 00:00:52 LOCATION: Cairo CATEGORY: SOCIETY SHOTLIST: 1. various of Central Bank of Egypt 2. various of Egyptian banknotes and U.S. dollars STORYLINE: The International Monetary Fund (IMF) has downgraded its forecasts for Egypt's real GDP growth in the current FY2023/2024 to 3 percent, down from the 3.6 percent it projected in October of 2023. In its updated World Economic Outlook (WEO) report released on Tuesday, the Fund has also lowered its projections for the country's real GDP growth in the incoming FY2024/2025 to 4.7 percent, down from 5 percent it projected in October of 2023. An IMF mission is now in Egypt to discuss a possible additional financing package for the country that is suffering a severely challenging economic situation amid the repercussions of global and regional tensions. Egypt is currently experiencing harsh economic woes, mainly the severe

IMF projects China's economy to grow 5.2 pct in 2023, "key contributor" to global growth

STORY: IMF projects China's economy to grow 5.2 pct in 2023, "key contributor" to global growth DATELINE: April 12, 2023 LENGTH: 00:01:11 LOCATION: Washington, D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference for the World Economic Outlook 2. SOUNDBITE (English): PIERRE-OLIVIER GOURINCHAS, Director of the Research Department of the IMF 3. various of attendees at the press conference 4. various of IMF headquarters during spring meetings STORYLINE: The International Monetary Fund (IMF) projected that China's economy will grow 5.2 percent in 2023 and 4.5 percent in 2024. Director of the Research Department of the IMF, Pierre-Olivier Gourinchas told a press briefing Tuesday on the latest World Economic Outlook (WEO) report. SOUNDBITE (English): PIERRE-OLIVIER GOURINCHAS, Director of the Research Department of the IMF "So on China, we have of course, this is one of the bright news for 2023. The rapid reopening of the economy is leading to a strong rebound. So we're projecting 5.2% growth in

IMF downgrades 2023 global growth forecast to 2.7 pct

STORY: IMF downgrades 2023 global growth forecast to 2.7 pct DATELINE: Oct. 12, 2022 LENGTH: 00:01:09 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of IMF press conference 2. SOUNDBITE (English): PIERRE-OLIVIER GOURINCHAS, Chief Economist and Director of Research Department, IMF 3. exterior of the IMF headquarters in Washington D.C. STORYLINE: The International Monetary Fund (IMF) on Tuesday projected the global economy to grow by 3.2 percent this year and 2.7 percent in 2023, with a downward 0.2-percentage-point revision for 2023 from the July forecast, according to the latest World Economic Outlook (WEO) report. The global economy is experiencing "a number of turbulent challenges," as inflation is higher than seen in several decades, tightening financial conditions in most regions, the Russia-Ukraine conflict, and the lingering COVID-19 pandemic all weigh heavily on the outlook, the report said. SOUNDBITE (English): PIERRE-OLIVIER GOURINCHAS, Chief Economist and Director of Res

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

(221011) -- WASHINGTON, Oct. 11, 2022 (Xinhua) -- IMF chief economist Pierre-Olivier Gourinchas (2nd L) speaks at a press conference in Washington, D.C., the United States, on Oct. 11, 2022. The International Monetary Fund (IMF) on Tuesday projected the global economy to grow by 3.2 percent this year and 2.7 percent in 2023, with a downward 0.2-percentage-point revision for 2023 from the July forecast, according to the latest World Economic Outlook (WEO) report. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

(221011) -- WASHINGTON, Oct. 11, 2022 (Xinhua) -- IMF chief economist Pierre-Olivier Gourinchas (2nd L) speaks at a press conference in Washington, D.C., the United States, on Oct. 11, 2022. The International Monetary Fund (IMF) on Tuesday projected the global economy to grow by 3.2 percent this year and 2.7 percent in 2023, with a downward 0.2-percentage-point revision for 2023 from the July forecast, according to the latest World Economic Outlook (WEO) report. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

(221011) -- WASHINGTON, Oct. 11, 2022 (Xinhua) -- IMF chief economist Pierre-Olivier Gourinchas speaks at a press conference in Washington, D.C., the United States, on Oct. 11, 2022. The International Monetary Fund (IMF) on Tuesday projected the global economy to grow by 3.2 percent this year and 2.7 percent in 2023, with a downward 0.2-percentage-point revision for 2023 from the July forecast, according to the latest World Economic Outlook (WEO) report. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

(221011) -- WASHINGTON, Oct. 11, 2022 (Xinhua) -- IMF chief economist Pierre-Olivier Gourinchas speaks at a press conference in Washington, D.C., the United States, on Oct. 11, 2022. The International Monetary Fund (IMF) on Tuesday projected the global economy to grow by 3.2 percent this year and 2.7 percent in 2023, with a downward 0.2-percentage-point revision for 2023 from the July forecast, according to the latest World Economic Outlook (WEO) report. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

(221011) -- WASHINGTON, Oct. 11, 2022 (Xinhua) -- IMF chief economist Pierre-Olivier Gourinchas (2nd L) speaks at a press conference in Washington, D.C., the United States, on Oct. 11, 2022. The International Monetary Fund (IMF) on Tuesday projected the global economy to grow by 3.2 percent this year and 2.7 percent in 2023, with a downward 0.2-percentage-point revision for 2023 from the July forecast, according to the latest World Economic Outlook (WEO) report. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

(221011) -- WASHINGTON, Oct. 11, 2022 (Xinhua) -- IMF chief economist Pierre-Olivier Gourinchas speaks at a press conference in Washington, D.C., the United States, on Oct. 11, 2022. The International Monetary Fund (IMF) on Tuesday projected the global economy to grow by 3.2 percent this year and 2.7 percent in 2023, with a downward 0.2-percentage-point revision for 2023 from the July forecast, according to the latest World Economic Outlook (WEO) report. (Xinhua/Liu Jie)

IMF cuts 2022 global growth forecast to 3.2 pct, warns of downside risks

STORY: IMF cuts 2022 global growth forecast to 3.2 pct, warns of downside risks DATELINE: July 27, 2022 LENGTH: 00:00:42 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. exterior view of the IMF headquarters in Washington D.C. STORYLINE: The International Monetary Fund (IMF) on Tuesday slashed the global growth forecast for 2022 to 3.2 percent, down by 0.4 percentage point from the April projection, according to its newly released update to the World Economic Outlook (WEO). Several shocks have hit the world economy already weakened by the COVID-19 pandemic, including higher-than-expected inflation worldwide -- especially in the United States and major European economies -- triggering tighter financial conditions, and further negative spillovers from the Ukrainian crisis, the WEO update said. According to the WEO update, global inflation has been revised up due to food and energy prices, and is anticipated to reach 6.6 percent in advanced economies and 9.5 per

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

(220726) -- WASHINGTON, July 26, 2022 (Xinhua) -- Photo taken in Arlington, Virginia, the United States, on July 26, 2022 shows a screen displaying IMF chief economist Pierre-Olivier Gourinchas (2nd L) speaking during a virtual press conference in Washington, D.C., the United States. The International Monetary Fund (IMF) on Tuesday slashed the global growth forecast for 2022 to 3.2 percent, down by 0.4 percentage point from the April projection, according to its newly released update to the World Economic Outlook (WEO). (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

(220726) -- WASHINGTON, July 26, 2022 (Xinhua) -- Photo taken in Arlington, Virginia, the United States, on July 26, 2022 shows a screen displaying IMF chief economist Pierre-Olivier Gourinchas speaking during a virtual press conference in Washington, D.C., the United States. The International Monetary Fund (IMF) on Tuesday slashed the global growth forecast for 2022 to 3.2 percent, down by 0.4 percentage point from the April projection, according to its newly released update to the World Economic Outlook (WEO). (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

(220726) -- WASHINGTON, July 26, 2022 (Xinhua) -- Photo taken in Arlington, Virginia, the United States, on July 26, 2022 shows a screen displaying IMF chief economist Pierre-Olivier Gourinchas speaking during a virtual press conference in Washington, D.C., the United States. The International Monetary Fund (IMF) on Tuesday slashed the global growth forecast for 2022 to 3.2 percent, down by 0.4 percentage point from the April projection, according to its newly released update to the World Economic Outlook (WEO). (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST

(220726) -- WASHINGTON, July 26, 2022 (Xinhua) -- Photo taken in Arlington, Virginia, the United States, on July 26, 2022 shows a screen displaying IMF chief economist Pierre-Olivier Gourinchas speaking during a virtual press conference in Washington, D.C., the United States. The International Monetary Fund (IMF) on Tuesday slashed the global growth forecast for 2022 to 3.2 percent, down by 0.4 percentage point from the April projection, according to its newly released update to the World Economic Outlook (WEO). (Xinhua/Liu Jie)

IMF chief says China has "ample" policy space to boost economy amid headwinds

STORY: IMF chief says China has "ample" policy space to boost economy amid headwinds DATELINE: April 21, 2022 LENGTH: 00:01:21 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of virtual press conference 2. SOUNDBITE (English): KRISTALINA GEORGIEVA, IMF Managing Director 3. various of economic activities STORYLINE: IMF chief Kristalina Georgieva says that China is capable of boosting its economy amid headwinds, because it has "ample" policy space, both in terms of monetary policy and fiscal policy. SOUNDBITE (English): KRISTALINA GEORGIEVA, IMF Managing Director "We see China capable of boosting the economy, because it has ample policy space. We have seen in the last days, the People's Bank of China taking action to ease conditions for access to credit. And it also has space in terms of fiscal policy." In its latest World Economic Outlook (WEO) report released Tuesday, the IMF slashed global growth forecast for 2022 by 0.8 percentage points to 3.6 percent amid the Russia-Ukraine conflict.

IMF cuts 2022 global growth forecast to 3.6 pct amid Russia-Ukraine conflict

STORY: IMF cuts 2022 global growth forecast to 3.6 pct amid Russia-Ukraine conflict DATELINE: April 20, 2022 LENGTH: 00:01:26 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): PIERRE-OLIVIER GOURINCHAS, IMF Chief Economist 2. SOUNDBITE 2 (English): PIERRE-OLIVIER GOURINCHAS, IMF Chief Economist 3. SOUNDBITE 3 (English): PIERRE-OLIVIER GOURINCHAS, IMF Chief Economist 4. SOUNDBITE 4 (English): PIERRE-OLIVIER GOURINCHAS, IMF Chief Economist 5. Various of the press conference STORYLINE: The International Monetary Fund (IMF) on Tuesday slashed global growth forecast for 2022 to 3.6 percent amid the Russia-Ukraine conflict, down by 0.8 percentage point from January projection, according to its newly released World Economic Outlook (WEO) report. The Ukraine crisis unfolds while the global economy was "on a mending path" but had not yet fully recovered from the COVID-19 pandemic, the report said, noting that global economic prospects have worsened "significantly" since the forecast i

U.S.-WASHINGTON, D.C.-IMF-WEO-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-WEO-GLOBAL GROWTH FORECAST

(220419) -- WASHINGTON, April 19, 2022 (Xinhua) -- Photo taken on April 19, 2022 shows the IMF Headquarters in Washington, D.C., the United States. The International Monetary Fund (IMF) on Tuesday slashed global growth forecast for 2022 to 3.6 percent amid the Russia-Ukraine conflict, 0.8 percentage points lower than the January projection, according to its newly released World Economic Outlook report. (Photo by Ting Shen/Xinhua)

U.S.-WASHINGTON, D.C.-IMF-WEO-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-WEO-GLOBAL GROWTH FORECAST

(220419) -- WASHINGTON, April 19, 2022 (Xinhua) -- A pedestrian walks past the IMF Headquarters in Washington, D.C., the United States, on April 19, 2022. The International Monetary Fund (IMF) on Tuesday slashed global growth forecast for 2022 to 3.6 percent amid the Russia-Ukraine conflict, 0.8 percentage points lower than the January projection, according to its newly released World Economic Outlook report. (Photo by Ting Shen/Xinhua)

U.S.-WASHINGTON, D.C.-IMF-WEO-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-WEO-GLOBAL GROWTH FORECAST

(220419) -- WASHINGTON, April 19, 2022 (Xinhua) -- Photo taken on April 19, 2022 shows the IMF Headquarters in Washington, D.C., the United States. The International Monetary Fund (IMF) on Tuesday slashed global growth forecast for 2022 to 3.6 percent amid the Russia-Ukraine conflict, 0.8 percentage points lower than the January projection, according to its newly released World Economic Outlook report. (Photo by Ting Shen/Xinhua)

U.S.-WASHINGTON, D.C.-IMF-WEO-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-WEO-GLOBAL GROWTH FORECAST

(220419) -- WASHINGTON, April 19, 2022 (Xinhua) -- IMF chief economist Pierre-Olivier Gourinchas speaks at a virtual press briefing on World Economic Outlook (WEO) report in Washington, D.C., the United States, on April 19, 2022. The International Monetary Fund (IMF) on Tuesday slashed global growth forecast for 2022 to 3.6 percent amid the Russia-Ukraine conflict, 0.8 percentage points lower than the January projection, according to its newly released World Economic Outlook report. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-IMF-WEO-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-WEO-GLOBAL GROWTH FORECAST

(220419) -- WASHINGTON, April 19, 2022 (Xinhua) -- IMF chief economist Pierre-Olivier Gourinchas speaks at a virtual press briefing on World Economic Outlook (WEO) report in Washington, D.C., the United States, on April 19, 2022. The International Monetary Fund (IMF) on Tuesday slashed global growth forecast for 2022 to 3.6 percent amid the Russia-Ukraine conflict, 0.8 percentage points lower than the January projection, according to its newly released World Economic Outlook report. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-IMF-WEO-GLOBAL GROWTH FORECAST

U.S.-WASHINGTON, D.C.-IMF-WEO-GLOBAL GROWTH FORECAST

(220419) -- WASHINGTON, April 19, 2022 (Xinhua) -- IMF chief economist Pierre-Olivier Gourinchas speaks at a virtual press briefing on World Economic Outlook (WEO) report in Washington, D.C., the United States, on April 19, 2022. The International Monetary Fund (IMF) on Tuesday slashed global growth forecast for 2022 to 3.6 percent amid the Russia-Ukraine conflict, 0.8 percentage points lower than the January projection, according to its newly released World Economic Outlook report. (Xinhua/Liu Jie)