{"id":575410,"date":"2020-10-14T04:16:21","date_gmt":"2020-10-14T04:16:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/"},"modified":"2020-10-14T04:16:21","modified_gmt":"2020-10-14T04:16:21","slug":"imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/","title":{"rendered":"IMF warns of long, protracted recovery as it eases global recession forecast"},"content":{"rendered":"

<\/a> IMF warns of long, slow recovery as it eases global recession forecast: <\/strong>The International Monetary Fund (IMF) now sees the world\u2019s GDP contracting at a 4.4% pace \u2014 an improvement from the 4.9% it projected in its June outlook<\/a> \u2014 after economies coming out of lockdown showed improved trade, retail activity, and growth figures, it said yesterday in its October World Economic Outlook (pdf)<\/a>. Launching the report titled \u201cA long and difficult ascent<\/strong>,\u201d the fund\u2019s chief economist Gita Golpinath warned that the economic recovery will be \u201clong, uneven and uncertain\u201d as the pandemic continues to spread and countries begin to reintroduce lockdown measures. Many countries will see \u201clasting damage\u201d to output, inflicting a \u201cmajor setback\u201d to living standards, she said, adding that the process of transferring workers from sectors at risk of long-term decline such as travel to growing industries like digital technology will require significant policy support.<\/p>\n

The IMF has downgraded its outlook for 2021<\/strong>, saying it sees the global economy growing 5.2% and not the 5.4% it had previously forecast due to expectations that some restrictions on movement and social distancing may remain in place well into next year. The global economy experienced a \u201cstrong rebound in the third quarter, but slowing momentum entering the fourth quarter\u201d as new infections rose across many developed economies, the report says.<\/p>\n

The G20 group of countries, meanwhile, are expected to come out with statements today saying that the outlook for the global economy is less negative<\/strong>, according to a draft statement seen by Reuters<\/a>. Steps taken to stimulate a recovery have paid off, and that the G20 is prepared to help if needed, reads the statement. Financial leaders from the world's top 20 economies will hold a meeting of finance ministers and central bankers virtually today to discuss pressing challenges as the pandemic will cause an output contraction this year.<\/p>\n

How is Egypt faring in all of this? The IMF upgraded its growth projections for Omm El Donia to 3.5% this year<\/strong> from its 2% forecast in June. It left its 2021 forecast for 2.8% growth unchanged but sees output rising at a 5.8% clip by 2025.<\/p>\n

Egypt is one of just three Middle East and Central Asia economies that won\u2019t shrink this year<\/strong>. On the flipside, the IMF sees the country\u2019s current account deficit widening to 4.2% of GDP in 2021 from 3.2% this year, and lists Egypt among several countries that are particularly vulnerable to a decline in remittance flows. It also predicts the unemployment rate to rise to 9.7% next year from 8.6% in 2019.<\/p>\n

Emerging economies will lead global growth next year:<\/strong> Emerging economies are likely to contract 3.3% this year, a 0.2% downgrade from what the fund had projected in June, but this will be followed by 6% growth in 2021. This is above 2021 global growth forecasts and markedly higher than the 3.9% growth the fund is projecting for advanced economies. The hit to tourism, remittances and foreign debt hangs a dark cloud over emerging markets, the prospects for which \u201cremain precarious,\u201d the report said.<\/p>\n

Governments across the world are going to have to step it up in the months ahead:<\/strong> Direct income support to those who\u2019ve seen lost wages and unemployment insurance are some of the measures the IMF is recommending to help cushion declining spending. In terms of monetary policy the IMF is urging central banks in emerging markets that \u201claunch asset purchases to communicate clearly the objectives of the program and its consistency with price stability objectives\u201d to reduce the potential for inflation and capital flight.<\/p>\n","protected":false},"excerpt":{"rendered":"

IMF warns of long, slow recovery as it eases global recession forecast: The International Monetary Fund (IMF) now sees the world\u2019s GDP contracting at a 4.4% pace \u2014 an improvement from the 4.9% it projected in its June outlook \u2014 after economies coming out of lockdown showed improved trade, retail activity, and growth figures, it […]<\/p>\n","protected":false},"author":1,"featured_media":575411,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[107,72,272,2380,273],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-covid-19","tag-enterpriseam","tag-imf","tag-speed-round","tag-world-economic-outlook","wpautop","entry"],"acf":{"mongo_id":"307c82aa-8655-4348-9cdd-bc0c68450f60","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/10\/143.jpg","photo_position":"above","related_issue":[575405],"teaser":"","voice_url":""},"yoast_head":"\nIMF warns of long, protracted recovery as it eases global recession forecast - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF warns of long, protracted recovery as it eases global recession forecast\" \/>\n<meta property=\"og:description\" content=\"IMF warns of long, slow recovery as it eases global recession forecast: The International Monetary Fund (IMF) now sees the world\u2019s GDP contracting at a 4.4% pace \u2014 an improvement from the 4.9% it projected in its June outlook \u2014 after economies coming out of lockdown showed improved trade, retail activity, and growth figures, it […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-14T04:16:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IMF warns of long, protracted recovery as it eases global recession forecast\",\"datePublished\":\"2020-10-14T04:16:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/\"},\"wordCount\":586,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?fit=%2C&ssl=1\",\"keywords\":[\"covid-19\",\"EnterpriseAM\",\"IMF\",\"SPEED ROUND\",\"World Economic Outlook\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/\",\"name\":\"IMF warns of long, protracted recovery as it eases global recession forecast - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2020-10-14T04:16:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IMF warns of long, protracted recovery as it eases global recession forecast\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IMF warns of long, protracted recovery as it eases global recession forecast - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/","og_locale":"en_US","og_type":"article","og_title":"IMF warns of long, protracted recovery as it eases global recession forecast","og_description":"IMF warns of long, slow recovery as it eases global recession forecast: The International Monetary Fund (IMF) now sees the world\u2019s GDP contracting at a 4.4% pace \u2014 an improvement from the 4.9% it projected in its June outlook \u2014 after economies coming out of lockdown showed improved trade, retail activity, and growth figures, it […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-10-14T04:16:21+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"IMF warns of long, protracted recovery as it eases global recession forecast","datePublished":"2020-10-14T04:16:21+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/"},"wordCount":586,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?fit=%2C&ssl=1","keywords":["covid-19","EnterpriseAM","IMF","SPEED ROUND","World Economic Outlook"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/","name":"IMF warns of long, protracted recovery as it eases global recession forecast - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?fit=%2C&ssl=1","datePublished":"2020-10-14T04:16:21+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"IMF warns of long, protracted recovery as it eases global recession forecast"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":570803,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/15\/the-coronavirus-will-trigger-the-worst-global-recession-since-the-great-depression-in-mena-only-egypts-economy-will-grow-this-year-imf\/","url_meta":{"origin":575410,"position":0},"title":"The coronavirus will trigger the worst global recession since the Great Depression; in MENA, only Egypt\u2019s economy will grow this year \u2013IMF","author":"enterpriseam admin","date":"15 April 2020","format":false,"excerpt":"The coronavirus will trigger the worst global recession since the Great Depression, the IMF predicts: The world is facing its greatest economic crisis since the Great Depression as output plummets at a record pace in response to the \u201cGreat Lockdown\u201d put in place to contain covid-19, the IMF warned yesterday.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/138.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572457,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/imf-forecasts-deeper-recession-slower-recovery-as-virus-fears-linger\/","url_meta":{"origin":575410,"position":1},"title":"IMF forecasts deeper recession, slower recovery as virus fears linger","author":"enterpriseam admin","date":"25 June 2020","format":false,"excerpt":"YOUR DAILY DOSE OF GLOOM- IMF forecasts deeper global recession, slower recovery as virus fears linger: The global economy will suffer a deeper recession than previously expected as the pandemic continues to intensify in some parts of the world, and businesses and consumers continue to reel from the effects of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/6\/272.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556144,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/13\/inequality-threatens-pandemic-recovery-imf-says-in-its-latest-global-outlook\/","url_meta":{"origin":575410,"position":2},"title":"Inequality threatens pandemic recovery, IMF says in its latest global outlook","author":"enterpriseam admin","date":"13 October 2021","format":false,"excerpt":"The global recovery is bruised, but not broken: The IMF slightly downgraded its projection for global growth in 2021 to 5.9% in its October World Economic Outlook report (pdf) \u2014 down a slim 0.1 percentage points from 6% in its last update in July. The international lender held its growth\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/142.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565117,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/21\/recovery-may-not-trickle-down-to-ems-imf\/","url_meta":{"origin":575410,"position":3},"title":"Recovery may not trickle down to EMs -IMF","author":"enterpriseam admin","date":"21 March 2021","format":false,"excerpt":"The IMF may update its next World Economic Outlook to reflect signs of a stronger global economic recovery than the 5.5% GDP growth it forecast in January, IMF First Deputy Managing Director Geoffrey Okamoto said in a speech to the China Development Forum, according to Reuters. Okamoto appears to be\u2026","rel":"","context":"In "SPEED ROUND: MACRO"","block_context":{"text":"SPEED ROUND: MACRO","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-macro\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548131,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/imf-is-gloomy-and-uncertain-on-global-economy\/","url_meta":{"origin":575410,"position":4},"title":"IMF is \u201cgloomy and uncertain\u201d on global economy","author":"enterpriseam admin","date":"27 July 2022","format":false,"excerpt":"The IMF has revised downwards its global growth outlook for this year and next, warning that gathering headwinds are pushing the world closer to recession. In its updated World Economic Outlook (pdf) released yesterday, the Fund cut its 2022 forecast by 0.4 percentage points and now sees the global growth\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/281.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550050,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/price-pressures-likely-to-trigger-recession-next-year-imf\/","url_meta":{"origin":575410,"position":5},"title":"Price pressures likely to trigger recession next year -IMF","author":"enterpriseam admin","date":"12 October 2022","format":false,"excerpt":"The IMF expects more than a third of the global economy to contract \u201cthis year or next,\u201d it warns in its October World Economic Outlook (pdf) released yesterday. The Fund maintained its global GDP forecast of 3.2% for this year but is less optimistic about next year, when it expects\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/196.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=575410"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575410\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/575405"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/575411"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=575410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=575410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=575410"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=575410"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=575410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}