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    Baton Hand-Off: Economic Headwinds and Expected Resilience

    By Coronation Merchank Bank on February 1, 2023

    Global Economic Landscape, no dramatic rebound in sight
    Based on series of projections, global GDP growth is projected at between 1.5 – 2.8%
    in 2023. The factors influencing these forecasts are similar. They include fragile
    economic conditions, higher-than-expected inflation figures, abrupt spikes in interest
    rates, subdued investments, a resurgence of the COVID-19 pandemic and escalating
    geopolitical tensions. Global GDP growth is expected to pick up in 2024 but likely to
    remain below the pre-pandemic level.


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    Posted in Economic Review and Outlook, Research.
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