Tag: Global Growth Forecasts
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IMF Cuts Global Growth Forecasts by 3%
The International Monetary Fund (IMF) has cut the growth forecast for 2019 to 3 percent according to the latest World Economic Outlook report and lowered the 2020 estimate to 3.4 percent. This is a result of the global economic growth which is in its slowest pace since the 2008 financial crisis and down from a…