Saudi Arabia, the world’s top oil exporter and a G20 economy, had previously been expected to see a sharp growth rebound in 2025 on the back of higher crude output
According to the IMF’s WEO report, headline inflation is expected to fall to 3.5 per cent by late 2025, aligning closely with central bank targets worldwide
The US and China showed signs of growing somewhat faster in the third quarter after a pronounced slowdown in the first half of 2023
The global economy surpassed $100tn for the first time in 2022, but will stall in 2023, the British consultancy said in its annual World Economic League Table