Global 2019 Growth Remains Subdued: IMF

Fiji Sun – Monday 4th March 2019.

The global growth momen­tum is expected to remain subdued in 2019 following a downward revision to the global growth forecast by the Interna­tional Monetary Fund.

The downgrade is on the back of muted growth prospects for both advanced and emerging market & developing economies.

Downside risks remain such as the uncertainty of trade negotia­tions, downturn in financial mar­ket sentiments, geopolitical ten­sions and the pervasive effects of climate change.

Generally, movements in major global commodity prices trended upwards over the month in Janu­ary.Read more…

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