KONTAN.CO.ID - JAKARTA. The International Monetary Fund (IMF) has revised up its global economic growth forecast to 3.6% in 2017 and 3.7% in 2018, as it projects a slight recovery in worldwide economic activity. The IMF's growth forecasts for both 2017 and 2018 are 0.1 percentage point stronger compared with its forecast back in April, the fund stated in its October edition of the World Economic Outlook (WEO). The latest WEO was published on Tuesday in Washington, D.C. In its forecast, the fund saw that some regions, including emerging Asia, had better-than-expected growth outcomes during the first half of this year, which more than offset the downward revisions for the United States and the United Kingdom.
IMF revises up 2017, 2018 global growth forecast
KONTAN.CO.ID - JAKARTA. The International Monetary Fund (IMF) has revised up its global economic growth forecast to 3.6% in 2017 and 3.7% in 2018, as it projects a slight recovery in worldwide economic activity. The IMF's growth forecasts for both 2017 and 2018 are 0.1 percentage point stronger compared with its forecast back in April, the fund stated in its October edition of the World Economic Outlook (WEO). The latest WEO was published on Tuesday in Washington, D.C. In its forecast, the fund saw that some regions, including emerging Asia, had better-than-expected growth outcomes during the first half of this year, which more than offset the downward revisions for the United States and the United Kingdom.