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IMF forecasts global economic growth of 3% over next 5 years

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The International Monetary Fund is forecasting global economic growth of roughly 3% annually over the next five years.

The figure marks the IMF's weakest medium-term projection since 1990.

Kristalina Georgieva, managing director of the IMF, cited geopolitical factors, inflation and banking industry pressures.

Read more from Quartz.

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