The IMF’s latest forecasts showed that growth will slightly decline to 2.8% this year (0.1 percentage points below January projections) before rising to 3% in 2024.
Global inflation will fall from 8.7% in 2022 to 7% in 2023 and 4.9% in 2024
The @G24 which coordinates the position of developing countries called for rich countries to deliver the $100bn in SDRs that they promised in 2021 and channel them through multilateral development banks.