WORLD ECONOMY AT CRITICAL JUNCTURE AND POLICY SHIFTS
WORLD ECONOMIC OUTLOOK According to IMF's World Economic Outlook April 2025 the earlier landscape of Global Economy has changed accordingly Governments around the world changed policy priorities and uncertainties reached a new peaks. Escalating trade tensions and financial markets adjustments are swiftly changing policy uncertainties that has impacted Governments to reorder policy priorities. Measures of USA and countermeasure adopted by its trading partners have been ending up In a near fiasco.Swift escalation of trade tensions and high levels of policy uncertainty are expected to impact global economic activity. Hence IMF has projected to drop global growth to 2.8% in 2025 from the earlier forecast of 3.0% for both years 2025 and 2026.Growth forecast for advanced economies is projected to be 1.4 in 2025and 1.5 in 2026 .However projections for USA slightly better with 1.8 for 2025 and 1.7 for 2026 as against only 0.8 and 1.2 for Euro area respectivel...