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Montevideo, March 23rd 2019 - 20:48 UTC

Tag: IMF World Economic Outlook Bali 2018

  • Wednesday, October 10th 2018 - 07:12 UTC

    “Clouds on the horizon” warns IMF in its world economic outlook

    IMF chief economist Maurice Obstfeld said at the launch of its World Economic Outlook that due to recent developments, the past projection was “over-optimistic”

    The International Monetary Fund has cut its forecast for global growth as trade tensions intensify and currency and other woes impact emerging economies. The global lender projects that the world economy will expand by 3.7% this year and next, 0.2 percentage point lower than its previous forecast six months ago.