News Snapshot:
IMF announces its outlook on economic growth for countries in Middle East and Central Asia The IMF's quarterly data dispatch indicates that the global economy is facing a knife-at-the-throat situation. Its World Economic Outlook (WEO) released on Tuesday threw us several disappointing details, [News.az](News.az) reports citing The New Indian Express. First, global growth contracted in the second quarter ending June. This, in turn, has knocked off annual growth prospects, which the multi-lateral agency has dutifully revised downwards for both 2022 and 2023 for all countries, sparing just a handful. Though central banks are going after inflation with their triple-barreled guns,...
