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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.

 

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