IMF: World Economic Outlook, October 2018 - Challenges To Steady Growth


Tuesday, October 09, 2018    08.07AM  / IMF


The steady expansion under way since mid-2016 continues, with global growth for 2018–19 projected to remain at its 2017 level. At the same time, however, the expansion has become less balanced and may have peaked in some major economies. Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded.


Global growth is projected at 3.7 percent for 2018– 19—0.2 percentage point lower for both years than forecast in April. In the United States, momentum is still strong as fiscal stimulus continues to increase, but the forecast for 2019 has been revised down due to recently announced trade measures, including the tariffs imposed on $200 billion of US imports from China.


Growth projections have been marked down for the euro area and the United Kingdom, following surprises that suppressed activity in early 2018.


Click here to download full Executive Summary.



Proshare Nigeria Pvt. Ltd.



Related News

1.       IMF appoints Harvard’s Gita Gopinath as chief economist

2.      FG welcomes UN’s move to tackle development challenges in the Sahel Region

3.      AfDB and Purdue University to hold conference on successful technologies for African farmers

4.      AfDB Releases Flagship Report, 2018 African Economic Outlook in Arabic, Hausa and Kiswahili

5.      Nigeria Exits Recession and Looks Beyond Oil

6.      The Richard Koch Breakthrough £50,000 Prize In Economics

7.      ECA Initiatives Helping Member States Think Through Policy Choices and Development Priorities

8.     IMF’s Review and Outlook of Nigeria

9.      IMF Staff Concludes Visit to Nigeria

10.  Review: The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor

11.   The Debt Challenge to African Growth

12.  Nigerian Government signs MoU with African Risk Capacity; Becomes Member-Country

13. IMF tasks Nigeria on Private investments, Revenue Mobilization for Growth
Related News