IMF projects global growth at 3.2 percent


ISLAMABAD, Apr 13 (APP): Global growth continues, but at a sluggish pace that leaves the world economy more exposed to risks, says the International Monetary Fund’s (IMF) latest World Economic Outlook (WEO).

The WEO forecasts global growth at 3.2 percent in 2016 and 3.5 percent in 2017, a downward revision of 0.2 percent and 0.1 percent, respectively.

Growth in advanced economies is projected to remain modest at about 2 percent, according to the WEO.