Jan 20, 2016 (LBO) – Growth in emerging market are projected to increase from four percent in 2015 to 4.3 and 4.7 percent in 2016 and 2017, respectively, the latest International Monetary Fund’s global forecast says.
“Growth in China is expected to slow to 6.3 percent in 2016 and 6.0 percent in 2017, primarily reflecting weaker investment growth as the economy continues to rebalance,” the IMF said.
“India and the rest of emerging Asia are generally projected to continue growing at a robust pace, although with some countries facing strong headwinds from China’s economic re-balancing and global manufacturing weakness.”
http://www.lankabusinessonline.com/growth-in-developing-economies-forecast-at-4-3-pct-for-2016-imf/
“Growth in China is expected to slow to 6.3 percent in 2016 and 6.0 percent in 2017, primarily reflecting weaker investment growth as the economy continues to rebalance,” the IMF said.
“India and the rest of emerging Asia are generally projected to continue growing at a robust pace, although with some countries facing strong headwinds from China’s economic re-balancing and global manufacturing weakness.”
http://www.lankabusinessonline.com/growth-in-developing-economies-forecast-at-4-3-pct-for-2016-imf/
