Money lender revises global economic projections
The International Monetary Fund (IMF) has significantly downgraded its global economic growth forecast for 2025, projecting a slowdown to 2.8%, down from 3.3% in 2024. This revision marks the weakest global expansion since the COVID-19 pandemic and is primarily attributed to escalating trade tensions, particularly between the United States and China . Key Highlights from the IMF’s April 2025 World …