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The Monthly bulletin (April 2023)

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  • Date de création 10/05/2023

  • Internationally, the economic outlook calls for a deceleration of global economic activity to 1.7 percent in 2023, the third lowest level in the past 30 years, behind the global recessions of 2009 and 2020. This slowdown is partly attributable to the adoption of restrictive macroeconomic policies. In the face of this situation, it is imperative to implement structural reforms to improve productivity, ease constraints on aggregate supply, and thereby sustain economic growth.

  • With respect to inflation, the OECD forecasts that it will moderate to 6.6 percent in 2023, but will still remain above pre-pandemic levels. As a result, monetary policy should continue to aim for price stability, while fiscal policy should seek to mitigate cost-of-living pressures...

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