WORLD


IMF maintained its forecast for global growth in 2017 of 3.4 percent

Baku, January 16, AZERTAC

The IMF maintained its forecast for global growth in 2017 of 3.4 percent, the Washington-based organization said Monday in a quarterly update to its World Economic Outlook. Expansion for 2018 is forecast at 3.6 percent, also unchanged from the fund's previous forecast in October.

Similarly, the IMF found that the 2016 average growth of EMDEs in the countries including Russia, India, Brazil, and Mexico is estimated at 4.1 percent, and is expected to rise significantly to 4.8 percent in 2018.

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