Crisis "clouds growth prospects", says IMF

The International Monetary Fund (IMF) has revised its estimates for global growth in 2008 down by almost half a percentage point.

In the latest edition of its World Economic Outlook (WEO), the IMF said: "Although the global economy has sustained strong growth in recent quarters, turbulence in financial markets has clouded the prospects."

The Fund predicts growth will "remain a solid 4.75%" after estimating in the previous edition of the WEO, published in July, that it would hit about 5.25%.

Simon

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.