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World Economic Forum sees optimism


Chris Giles, Katie Martin, Stephen Morris, Simon Mundy,,, Davos Reports

Business leaders and top government officials have expressed optimism about the global economy as China lifts anti-epidemic restrictions, the United States embarks on a green investment boom and western Europe adjusts to the fallout from the war with Russia and Ukraine.

At the World Economic Forum in Davos, Gita Gopinath, deputy managing director of the International Monetary Fund, hinted that the IMF would raise its economic forecasts. Now, instead of predicting a “tougher” 2023, she expects “improvement” in the second half of this year and 2024.

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