Belfast Telegraph

Tuesday 21 October 2014

Video: IMF says Emerging Market Slowdown Adds to Global Economy Pains

n its latest World Economic Outlook update, the IMF says the global economy is growing more slowly than expected, with risks increasing especially in emerging markets. The update of the IMF’s World Economic Outlook, first issued in April, projects the world economy will grow at 3.1 percent this year, the same rate as last year, and down from a forecast of 3.3 percent three months ago. The 2014 forecast was cut to 3.8 percent from 4 percent. This video, uploaded by the IMF on July 9, shows Olivier Blanchard, economic counsellor with the IMF, speaks about the World Economic Outlook update. Credit: IMF

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