“Bumpy ride” expected in emerging markets in 2016
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Developing countries could experience what a senior economist at the International Monetary Fund or IMF has described as a “bumpy ride” in 2016.
The comment follows the publication of an update to the IMF’s World Economic Outlook, which was published in October last year.
The update projects that global growth this year will be 3.4 percent, slightly lower than last autumn’s forecast.
Bruce Edwards has compiled this report.
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