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22 January 2019 2.00 h

economy

IMF says global growth decline has increased

The IMF yes­ter­day cut its fore­cast for global growth to 3.5% in 2019 and 3.6% in 2020, re­spec­tively a twen­ti­eth and a tenth less than the es­ti­mate given in Oc­to­ber. Ac­cord­ing to the Global Eco­nomic Out­look re­port, pre­sented yes­ter­day by IMF man­ager Chris­tine La­garde “global ex­pan­sion has weak­ened”. The or­ga­ni­za­tion high­lights euro zone slow­down and the im­pact of trade wars.

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