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The Monthly bulletin (June 2023)

Juin 2023 N°74 (English)ViewTélécharger
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  • Télécharger 30
  • Taille du fichier 6 Mo
  • Date de création 13/07/2023

  • At international level, the World Bank's international economic forecasts point to a contraction in global economic activity of 2.1% in 2023, compared with growth of 3.1% in 2022. This slowdown in the global economy is taking place against a backdrop of rising interest rates, resulting from the adoption of tighter monetary policies by central banks to control the global economic situation and mitigate high inflationary pressures. In this situation, the recovery of the global economy will depend on the resilience and preservation of financial systems, as well as the effective coordination of economic policies.

  • As far as inflation is concerned, the Organisation for Economic Cooperation and Development (OECD) forecasts a moderation to 6.6% in 2023, although this is still above the inflation targets set by central banks. As a result, monetary policy should continue to aim for price stability, while fiscal policy should seek to alleviate pressures on the cost of living.

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