16 Oct IMF downgrades Australia’s economic growth forecasts, citing ‘synchronised global slowdown’
The International Monetary Fund (IMF) has slashed Australia’s economic growth forecast by 0.4% to 1.7% in 2019, warning of a ‘synchronised global slowdown’ comparable to the 2008-09 global financial crisis. The latest IMF World Economic Outlook report predicted that growth in Australia would recover to 2.3%...
