IMF has trimmed global growth projections by 0.25 percentage points for 2013 and 2014, with risk to growth increasing particularly in the emerging markets. In its recent World Economic Outlook, IMF now projects global growth at 3.1 percent for 2013 and 3.8 percent for 2014, a downgrade of 0.25 percentage points from its April 2013 report. Private Demand to Push U.S. Growth The international organization expects the U.S. market to grow from 1.75 percent in 2013 to 2.75 percent in 2014, on the back of slowing fiscal consolidation and solid private demand. IMF recommends major advanced economies should continue to…
IMF Trims Global Growth Forecast Amidst Slowing Emerging Markets
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports