IMF downgrades Germany's growth outlook to 0.2% in 2024, making it the slowest among G7 states.

International Monetary Fund (IMF) revised Germany's growth outlook down by 0.3 percentage points, predicting it to be the slowest-growing of G7 states in 2024. The German economy is projected to grow by 0.2%, while the global economy is expected to grow but not dynamically. IMF notes that Germany faces structural issues such as declining workforce and obstacles to investment.

April 16, 2024
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