Global economic outlook - December 2023

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      <subfield code="a">This report reveals a significant uplift in global growth is unlikely in 2024 with no short-term end in sight to geopolitical uncertainty and tight monetary policies.
With global trade plateauing in recent years, driven in part by the pandemic, geopolitical tensions and rising protectionist measures, the report warns of potentially large output losses from geoeconomic fragmentation over the longer term. The report forecasts global GDP growth of 2.2% in 2024  down from 2.6% in 2023, with a return to 2.6% growth anticipated in 2025</subfield>
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