IMF cuts PH forecast, lowers global outlook

By Anna Leah E. Gonzales

Apr 10, 2019 12:31 am

The International Monetary Fund (IMF) on Tuesday joined other multilateral institutions in lowering its 2019 Philippine growth forecast.

In its April 2019 World Economic Outlook (WEO), the Washington-based lender trimmed this year’s projection to 6.5 percent, from 6.6 percent previously, in line with lowered global growth expectations.

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