IMF maintains January forecast of 3.9 pct global growth for 2018 and 2019
|Comments from the International Monetary Fund (IMF) head Christine Lagarde are crossing the wires via Reuters-
- IMG maintains January forecast of 3.9 percent global growth for 2018 and 2019.
- Global growth risks heightened from trade disputes, technology change, monetary policy normalization.
- ASEAN governments should embrace new growth models, technology to put greater emphasis on domestic demand, regional trade, export diversification.
- ASEAN governments need to stay vigilant for effects on financial stability, volatile capital flows from higher rates.
- South East Asian governments have been preparing for monetary policy normalization in advanced economies but its effect on companies, jobs, incomes is uncertain.
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