Business · Economy · 6 hrs ago

IMF raises forecast for Dutch economic growth to 1.5% this year

IMF raises forecast for Dutch economic growth to 1.5% this year

The IMF expects the Dutch economy to grow by 1.5% this year.

That is an increase from its earlier forecast of 1%, made in July.

The IMF expects growth of 1.3% in the Netherlands next year.

It says the Netherlands may benefit from a recovery in Germany, whose growth forecast for this year rose to 1.3% from 0.7%.

High energy prices remain a problem for the Dutch economy.

The IMF says the effects of the Iran war on oil and gas supplies have been limited.

It expects global growth of 3.1% this year, supported in part by large investments from technology companies.

Sources

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