World Economic Outlook Report
Recently the International Monetary Fund (IMF) released the World Economic outlook Report.
Observations of the Report
- The pace of global economic activity remains weak and the momentum in manufacturing activity, in particular, has weakened substantially, to levels not seen since the global financial crisis.
- Rising trade and geopolitical tensions have increased uncertainty about the future of the global trading system and international cooperation more generally, taking a toll on business confidence, investment decisions and global trade.
- Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09.
- Growth is projected to pick up to 3.4 percent in ....
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