For 2022, global GDP growth is seen to moderate to 4.4%, versus 4.2% estimated in January.
The International Monetary Fund has raised its 2021 global GDP growth forecast to 6%, up from an estimate of 5.5% made in January.
In either case, the projection for 2021 will mark a big turnaround from an estimated contraction of 3.3% last year, when the global economy was savaged by the Covid-19 pandemic.
