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The Monthly bulletin (March 2023)

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  • Date de création 13/04/2023

At the international level, the economic outlook points to a projected slowdown in global economic growth to 1.7% in 2023, the third lowest level in almost 30 years, following the global recessions of 2009 and 2020. This deceleration is partly due to the tightening of fiscal and monetary policies aimed at curbing high inflation. In the face of this situation, the implementation of structural reforms is imperative to improve productivity, alleviate supply constraints and, consequently, support economic growth.

With regard to inflation, the OECD forecasts that it will decline to 6.6% in 2023, but still remain above pre-pandemic levels. Therefore, monetary policy should continue to aim at price stability and fiscal policy should aim at easing cost-of living pressures...

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