
The International Monetary Fund (IMF) lowered its outlook for global economic growth Tuesday due to "weaker-than-expected global activity," according to the October update of the World Economic Outlook (WEO).
"The first half of 2014, the growth forecast for the world economy has been revised downward to 3.3 percent for this year, 0.4 percentage point lower than in the April 2014 WEO," said the IMF. "The global growth projection for 2015 was lowered to 3.8 percent." The outlook cites short term risks from a," worsening of geopolitical tensions and a reversal of recent risk spread and volatility compression in financial markets." Whereas medium threats include, "stagnation and low potential growth in advanced economies and a decline in potential growth in emerging markets." In response to these risks, the WEO suggests raising actual and potential growth. In advanced economies this includes, "continued support from monetary policy and fiscal adjustment" and "supporting both the recovery and longterm growth." The IMF affirmed, "Overall, the pace of recovery is becoming more country specific."(
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor