Monthly Archives: July 2017

Global growth on a firm footing

The International Monetary Fund on Monday kept its growth forecasts for the world economy unchanged for this year and 2018 at 3.5 per cent and 3.6 per cent respectively. In an updated World Economic Outlook, the IMF said global gross domestic product growth would remain unchanged from estimates issued in April, although it revised up growth expectations for the eurozone and China. “While risks around the global growth forecast appear broadly balanced in the near term, they remain skewed to […]