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IMF Reports G20’s 30-Year Growth Rate at 2.9%, Lowest Since Financial Crisis

The International Monetary Fund indicates the G20 bloc faces its weakest long-term growth outlook since the 2008 global financial crisis.

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Terms & Concepts
  • G20: An international forum of 19 countries and the European Union that addresses global economic and financial issues.
  • International Monetary Fund (IMF): A global financial institution that provides economic analysis, policy advice, and financial assistance to its member countries.
  • Global financial crisis: The severe worldwide economic crisis that occurred in 2007-2008, leading to significant declines in economic activity and growth rates.