default_setNet1_2

Global economy projected to grow by about 3 percent this year: IMFC

기사승인 2019.10.20  

공유
default_news_ad1

WASHINGTON, 19th October, 2019 (WAM) -- The global economy is projected to grow by about 3 percent this year, but the pace has continued to weaken since April, according to the International Monetary and Financial Committee, IMFC.

''Growth is projected to pick up next year, but the outlook is highly uncertain and subject to elevated downside risks. These include trade tensions, policy uncertainty, and geopolitical risks, against a backdrop of limited policy space, high and rising debt levels, and heightened financial vulnerabilities. Other longstanding challenges also persist,'' said the IMFC in a communiqué following the Fortieth meeting today.

''We will employ all appropriate policy tools, individually and collectively, to mitigate risks, enhance resilience, and shore up growth to benefit all. In line with central banks’ mandates, monetary policy should ensure that inflation remains on track toward, or stabilises around targets, and that inflation expectations remain anchored. Central bank decisions need to remain well-communicated and data-dependent. We will continue to monitor and, as necessary, tackle financial vulnerabilities and risks to financial stability, including with macroprudential policies,'' the IMFC added.

''We will advance structural reforms to lift growth, employment, and productivity; enhance resilience; and promote inclusion. We reaffirm our commitment to strong governance, including by tackling corruption. We will advance policies that foster innovation and more competitive and flexible markets, and strive to address challenges from demographic shifts. We will provide opportunities for all people to contribute to economic activity and share its benefits, and effectively assist those bearing the cost of ongoing transitions.''

''We will cooperate to reduce excessive global imbalances through macroeconomic and structural policies that support sustainable global growth.''

 

 

min min

<저작권자 © 이서울포스트 영문판 무단전재 및 재배포금지>
default_news_ad4
default_side_ad1

인기기사

default_side_ad2

포토

1 2 3
set_P1
default_side_ad3

섹션별 인기기사 및 최근기사

default_setNet2
default_bottom
#top