Fitch raises 2023 global growth outlook, says economic activity firmly placed ...Middle East

Fitch Ratings has raised the global growth forecast for 2023 to 2.4 per cent from its March estimate of 2.0 and noted that economic activity the world over is holding up better than as was expected. "The biggest upgrades have been to emerging markets (EM) where incoming (macro) data have been a lot stronger than expected," the rating agency said in a report titled 'Global Economic Outlook - June 2023'.

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