According to the latest forecast from the International Monetary Fund (IMF), global economic growth in 2024 is expected to slow compared to 2023. Estimates suggest growth may decline from 3.2% to 3.1%, indicating a weakening of the world economy.

Experts attribute this slowdown primarily to high inflation and interest rates in developed countries, as well as political and economic challenges in major economies such as the European Union and the United States. In particular, rising energy prices in the EU and debt issues in the US are negatively impacting global growth.

Developing countries, including nations like Uzbekistan, may also be affected by this trend, as a reduction in global trade and investment could hinder their economic development. IMF data shows that while Asia's economy remains relatively stable, this situation could change with worsening global conditions.

Overall, the IMF forecast suggests that the world economy may face a difficult period in the coming years, requiring new measures from governments and international organizations. Economists are warning of the need to strengthen global cooperation and take steps to ensure sustainable growth.

Source: www.aljazeera.com