The International Monetary Fund (IMF) estimates a steady growth of the world economy in 2025, accompanied by a continuation of the disinflation process. According to IMF Managing Director Kristalina Georgieva, the organization on Friday will publish an update of the "World Economic Outlook" report, with optimistic prospects for 2025, IPN reports, with reference to Reuters.
“Global growth will remain constant and inflation will continue to fall," Georgieva said, stressing that the global economy will continue to face the challenges posed by political and trade uncertainties. Also, regarding the U.S. economy, Georgieva noted that it is "performing slightly better than expected", despite the difficulties generated by possible political changes in the U.S. administration.
The IMF forecasts that in 2025 the global economy will witness a slight decline, and interest rates will remain "high for a particular period". In this context, the organization expects inflation to reach the limits targeted by central banks, and tight monetary policy to ensure economic stability.
The economic outlook varies across regions of the world, with emerging economies continuing to face challenges, while other economies, such as Brazil's, will see slight growth. The euro area is expected to stagnate, and the pace of economic growth in India could slow down, the IMF estimates.
At the same time, the IMF warned that, in the medium term, the global growth rate will be lower than before the pandemic, reaching 3.1%. Georgieva stressed the importance of implementing sustainable economic reforms, warning that "countries cannot get out of the crisis by borrowing, but only by economic growth."
As for Romania, the IMF revised its economic growth estimates, forecasting an acceleration to 3.3% in 2025, after the Romanian economy is expected to see a modest growth of 1.9% in 2024.
The IMF's expectations for this year are based on the stabilization of the global economy, but with risks of trade tensions and political instability. The IMF suggests that governments should adopt economic policies that support long-term growth and minimize the impact of economic crises.