Search result for World Economic Outlook
S.Korea's economic downfall alarming for the world
In an October World Economic Outlook report, the IMF cut South Korea's economic growth profile this year to 2% from the previous 2.4%. The OECD has cut the projected GDP growth of the nation to 2.1% in 2019. All investment banks followed suit, lowering their outlook for the economy of South K...
IMF cuts global growth outlook to lowest since financial crisis
On Tuesday, 9th April, the IMF i.e. The International Monetary Fund cut its forecast of global growth to the lowest level recorded ever since the occurrence of the financial crisis, warning that there will be major downside risks to the economy of the world such as a massive rise in the levels of de...