IMF raises growth forecasts for rich nations, dims outlook for developing world
David Lawder, Reuters
Posted at Jul 28 08:52 AM
The IMF forecast lower prospects for Indonesia, Malaysia, the Philippines, Thailand and Vietnam where recent waves of COVID-19 infections are weighing on activity. The Fund forecast that emerging Asia would grow 7.5 percent this year, down 1.1 percentage points from the April forecast.
Read more »