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The International Monetary Fund (IMF) on Monday lowered its forecast for global economic growth in 2020 to 3.3% in Davos. After cutting it to 3.4% last October, in an update to its World Economic Outlook, the IMF on Monday cut its growth forecast in 2020 by 0.1% to 3.3%, The report also showed its economic growth forecast for 2021 by 0.2% to 3.4%.