Arab Today, arab today imf chief upbeat on global economy
Last Updated : GMT 10:37:23
Arab Today, arab today
Arab Today, arab today

IMF chief upbeat on global economy

Arab Today, arab today

Arab Today, arab today IMF chief upbeat on global economy

Washington - QNA

International Monetary Fund chief Christine Lagarde Wednesday gave an upbeat appraisal of the world economy, but said the US Federal Reserve's tapering could bring "rough waters" ahead.Speaking at the National Press Club, Lagarde's projections echoed the rosier outlook earlier in the day by the World Bank, but she gave greater emphasis to the looming hurdles. "This crisis still lingers. Yet, optimism is in the air: the deep freeze is behind, and the horizon is brighter," Lagarde said. In its Global Economic Prospects report earlier in the day, the World Bank said growth was picking up in developing countries and high-income economies appeared "to be finally turning the corner."But with the US central bank starting to downsize its "massive monetary stimulus," there could be headwinds from rising global interest rates and potential volatility in capital flows, the bank warned.For the US, Lagarde warned against "premature" withdrawal of the stimulus and urged the country to return to an orderly budget process after it once again barely avoided tumbling over the fiscal cliff in October 2013.The World Bank projected global growth in 2014 at 3.2 per cent, up from the 2.4 per cent in 2013, and by 2016 projected it to reach 3.5 per cent. Gross domestic product (GDP) in the wealthier countries was expected to climb from an average of 1.3 per cent in 2013 to 2.4 per cent in 2016 .In developing and emerging economies, growth is expected to jump from 4.8 per cent in 2013 to 5.7 per cent in 2016 . The eurozone is projected to grow 1.1 per cent this year, 1.4 per cent in 2015 and 1.5 per cent in 2016, putting behind it two years of contraction.US GDP, which has expanded for 10 quarters, is projected to grow 2.8 per cent in 2014 and 3 per cent by 2016, the World Bank said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf chief upbeat on global economy Arab Today, arab today imf chief upbeat on global economy

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday