eseoulpost
BusinessWorld Business
Global economy projected to grow by about 3 percent this year: IMFC
min  |  min
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
승인 2019.10.20  
트위터 페이스북 미투데이 요즘 네이버 구글 msn

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.''

 

 

< 저작권자 © eseoulpost 무단전재 및 재배포금지 >
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
트위터 페이스북 미투데이 요즘 네이버 구글 msn 뒤로가기 위로가기
이 기사에 대한 댓글 이야기 (0)
자동등록방지용 코드를 입력하세요!   
확인
- 200자까지 쓰실 수 있습니다. (현재 0 byte / 최대 400byte)
- 욕설등 인신공격성 글은 삭제 합니다. [운영원칙]
이 기사에 대한 댓글 이야기 (0)
Most Read
1
UAE wins membership to UNIDO’s Industrial Development Board
2
WAM participates in General Assembly of Organisation of Asia-Pacific News Agencies
3
Senior U.S. diplomat calls recent Moon-Abe meeting 'encouraging' sign
4
Asia-Pacific news agency leaders voice support for peace on Korean Peninsula
5
Sharjah Ruler opens inaugural Architecture Triennial
6
ADX lists Aldar Investments $500 million sukuk after issue draws strong investor demand
7
UAE Research Programme for Rain Enhancement Science delegation visits UAE Embassy in Seoul
8
Investment in space technology essential for UAE’s economic transition, says Sara Al Amiri
9
UAE highlights achievements in promoting renewable energy deployment at 18th IRENA Council meeting
10
Abdullah bin Zayed holds reception for IORA ministers
Photo News Green Biz
Masdar to bring solar power to 'off-grid' communities around the world
Masdar to bring solar power to 'of...
min
ADNOC ranked amongst five lowest GHG emitters in oil and gas industry
ADNOC ranked amongst five lowest G...
min
World Green Economy Summit 2018 concludes
World Green Economy Summit 2018 co...
min
Restoration of nature requires actions of many :Al Zeyoudi
Restoration of nature requires act...
min
Al Zeyoudi to head UAE delegation to upcoming Global Climate Action Summit in California
Al Zeyoudi to head UAE delegation ...
min
Photo News Sports
Four Emirati golfers participating in Asia-Pacific Amateur Championship
Four Emirati golfers participating...
min
Taiwan shuts out Japan to clinch U-12 Baseball World Cup title
Taiwan shuts out Japan to clinch U...
min
Mohammed bin Rashid receives trophy from Queen Elizabeth II on historic Royal Ascot win
Mohammed bin Rashid receives troph...
min
(U20 World Cup) S. Korea's Lee Kang-in wins Golden Ball as tournament MVP
(U20 World Cup) S. Korea's Lee Kan...
min
Taiwan recurve women's team win gold at Archery World Cup
Taiwan recurve women's team win go...
min
Dodgers' Ryu Hyun-jin wins 7th game of '19, has scoreless streak snapped at 32 innings
Dodgers' Ryu Hyun-jin wins 7th gam...
min
Special Olympics Flame of Hope arrives Wahat Al Karama ahead of event's grand opening
Special Olympics Flame of Hope arr...
min
Mohammed bin Rashid attends Super Saturday races at Meydan
Mohammed bin Rashid attends Super ...
min
Photo News World
Four Emirati golfers participating in Asia-Pacific Amateur Championship
Four Emirati golfers participating...
min
Taiwan shuts out Japan to clinch U-12 Baseball World Cup title
Taiwan shuts out Japan to clinch U...
min
Mohammed bin Rashid receives trophy from Queen Elizabeth II on historic Royal Ascot win
Mohammed bin Rashid receives troph...
min
(U20 World Cup) S. Korea's Lee Kang-in wins Golden Ball as tournament MVP
(U20 World Cup) S. Korea's Lee Kan...
min
Taiwan recurve women's team win gold at Archery World Cup
Taiwan recurve women's team win go...
min
Dodgers' Ryu Hyun-jin wins 7th game of '19, has scoreless streak snapped at 32 innings
Dodgers' Ryu Hyun-jin wins 7th gam...
min
Special Olympics Flame of Hope arrives Wahat Al Karama ahead of event's grand opening
Special Olympics Flame of Hope arr...
min
Mohammed bin Rashid attends Super Saturday races at Meydan
Mohammed bin Rashid attends Super ...
min
Photo News Opinion
3 bodies found at crash scene of chopper near Dokdo islets
3 bodies found at crash scene of c...
min
Rescuers find crashed chopper, body of presumed victim near Dokdo
Rescuers find crashed chopper, bod...
min
Kim's condolence message signals no shift in Pyongyang's stance toward cross-border ties
Kim's condolence message signals n...
min
N.K. rejects dialogue offer, insists on discussing Mount Kumgang issue in writing
N.K. rejects dialogue offer, insis...
min
Samsung heir appears before court in bribery case
Samsung heir appears before court ...
min
Moon vows strong education, prosecution reform for fairness in aftermath of Cho Kuk case
Moon vows strong education, prosec...
min
Moon's approval rating rebounds after Cho Kuk resigns: Realmeter
Moon's approval rating rebounds af...
min
Moon urges more expansionary budget spending, signals no shift in key economic policy
Moon urges more expansionary budge...
min
Newspaper AboutNews ReportAdvertiseComplaintsPrivacy PolicyJuvenile protectionRejection of E-mail Collection
Gangnam-gu, Teheran 52 street in Tehran Bldg, 616(Yeoksam-dong)  |  Main Phone: 02) 563-0604  |  Fax: 02) 538-5665
Chairman : jeong-woo Lee  |  Advisor : byung-il Min  |  Publisher: jae-mo Kah  |  Editors: il-hong Kim
Registration Number 1928 Seoul ah  |  eseoulpost.com / eseoulpost.net / Global Korea.,Ltd
Copyright © 2011 eseoulpost. All rights reserved. mail to jaemokah@daum.com , kih10kr@empas.com/ www.globalkorea.info
arabafrica.net / UAE Interract / Emirtes News Agency(WAM)/ http://wam.org.ae / www.uaeinteract.com