The International Monetary Fund has upgraded its forecast for the world economy this year.
The IMF has raised hopes that economic powerhouses are heading for a “soft landing” after more than a year of high inflation.
The Washington-based body said global output would rise by 3% this year, up 0.2 percentage points on its April forecast.
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Including:
Industry leaders are reassured by the likelihood of the sector falling outside of policy changes
Company is monitoring “market volatility”
CFO Shaw will step into top post next year
Prima, Real Living and Cantay Estates have received funding for 189-bed PBSA
