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Montevideo, November 22nd 2024 - 05:18 UTC

Tag: global economic growth

  • Monday, February 17th 2020 - 08:35 UTC

    IMF admits coronavirus epidemic could damage global economic growth

    “I advise everybody not to jump to premature conclusions. There is still a great deal of uncertainty. We operate with scenarios, not yet with projection” Georgieva said.

    The coronavirus epidemic could damage global economic growth this year, the IMF head said on Sunday, but a sharp and rapid economic rebound could follow. “There may be a cut that we are still hoping would be in the 0.1 to 0.2 percentage space,” the managing director of the International Monetary Fund, Kristalina Georgieva, told the Global Women's Forum in Dubai.

  • Wednesday, July 3rd 2019 - 09:40 UTC

    Brazil estimates trade surplus this year to reach US$ 56.7 billion

    “Global growth this year is expected to be lower than last year, and obviously, we will suffer as a result,” said Lucas Ferraz, secretary of foreign trade at the ministry.

    Brazil’s Economy Ministry on Monday raised its projection for the country’s trade surplus this year to US$56.7 billion from US$50 billion but warned that trade activity will decline due to slowing global economic growth.