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27 Feb 2018
IMF maintains January forecast of 3.9 pct global growth for 2018 and 2019
Comments from the International Monetary Fund (IMF) head Christine Lagarde are crossing the wires via Reuters-
- IMG maintains January forecast of 3.9 percent global growth for 2018 and 2019.
- Global growth risks heightened from trade disputes, technology change, monetary policy normalization.
- ASEAN governments should embrace new growth models, technology to put greater emphasis on domestic demand, regional trade, export diversification.
- ASEAN governments need to stay vigilant for effects on financial stability, volatile capital flows from higher rates.
- South East Asian governments have been preparing for monetary policy normalization in advanced economies but its effect on companies, jobs, incomes is uncertain.