CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which organization releases World Economic Outlook (WEO)?
A
World Bank
B
IMF
C
WTO
D
GEF
Explanation: 

Detailed explanation-1: -The World Economic Outlook (WEO) is a comprehensive report published twice a year by the International Monetary Fund (IMF).

Detailed explanation-2: -A Survey by the IMF staff usually published twice a year. It presents IMF staff economists’ analyses of global economic developments during the near and medium term.

Detailed explanation-3: -The World Bank has revised its 2022-23 GDP forecast upward to 6.9 percent from 6.5 percent (in October 2022), considering a strong outturn in India in the second quarter (July-September) of the 2022-23 financial year.

Detailed explanation-4: -World Economic Outlook Update Global growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024.

There is 1 question to complete.