On January 25, the International Monetary Fund (IMF) released the latest world economic outlook report. The report predicts that the global economic growth in 2022 will be 4.4%, down 0.5 percentage points from the forecast in October 2021. This forecast is basically consistent with the global economic and financial outlook report 2022 released by Bank Of China Limited(601988) . The growth expectations of major economies in the United States, the euro zone and the United Kingdom were also generally lowered. The report believes that the world economic recovery faces multiple challenges such as supply disturbance, rising inflation, high debt and other uncertain factors.
First, the global economic growth forecast for 2022 has been significantly lowered. The report believes that the expected downward growth of major economies such as the United States will drag down the global economic performance in 2022, but the global economic growth in 2023 is expected to reach 3.8%, up 0.2 percentage points from the previous forecast. Among them, the economic growth of developed economies in 2022 is expected to be 3.9%, down 0.6 percentage points from the previous forecast, and the economic growth in 2023 will be increased by 0.4 percentage points to 2.6%; The economic growth of emerging markets and developing economies in 2022 is expected to be 4.8%, down 0.3 percentage points from the previous forecast, and the economic growth in 2023 will be increased by 0.1 percentage points to 4.7%. The global economic recovery is hampered by multiple factors. The rapid spread of the Omicron variant virus has led many countries to reactivate restrictive measures and exacerbate the shortage of labor supply. However, its infection symptoms are relatively mild. It is expected that the surge of infection cases will be alleviated quickly, and its adverse impact on the global economy will subside from the second quarter. Record debt burdens and rising inflationary pressures also limit policy space in many countries. It is expected that by 2023, various factors inhibiting economic growth will be gradually eliminated and the economic performance will pick up
