IMF raises growth forecast for 2019, lowers sharply medium-term expectations

EconomyMacroeconomy Tags: IMF
Photo via IMF photostream on Flickr []
Photo via IMF photostream on Flickr []

In the latest World Economic Outlook (WEO) issued on Monday as part of the IMF-World Bank Annual Meetings that are due to take place in Bali this week, the International Monetary Fund revised its GDP projections for Greece.

The Fund keeps its growth estimates steady for this year, seeing real GDP growth at 2 percent. For next year, GDP growth is revised upward to 2.4 percent, from 1.8 percent in the previous WEO, which was published in April.

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