DAVOS, Switzerland, Jan. 22 -- The International Monetary Fund (IMF) raised its global growth forecast for 2018 and 2019 on Monday by 0.2 percentage point to 3.9 percent, due to increased global growth momentum and the expected impact of the recently approved U.S. tax policy changes.
The upward revision was announced by Maurice Obstfeld, IMF economic counsellor and director of research, at a press conference on Update of the World Economic Outlook in Davos, Switzerland.
"This is good news. But political leaders and policymakers must stay mindful that the present economic momentum reflects a confluence of factors that is unlikely to last for long," warned Obstfeld.
The IMF also revised upward the growth of global output in 2017 to 3.7 percent, which is 0.1 percentage point faster than that projected in the fall and 0.5 percentage point higher than in 2016.
The pickup in growth has been broad based, with notable upside surprises in Europe and Asia.
According to the report, risks to the global growth forecast appear broadly balanced in the near term, but remain skewed to the downside over the medium term.
"The global financial crisis may seem firmly behind us, but without prompt action to address structural growth impediments, enhance the inclusiveness of growth, and build policy buffers and resilience, the next downturn will come sooner and be harder to fight," he reiterated.
The IMF explained the upward revisions to the global outlook resulted mainly from advanced economies, where growth is expected to exceed 2.0 percent in 2018 and 2019.
However, the aggregate growth forecast for emerging markets and developing economies remain unchanged, with marked differences in the outlook across regions.
国内英语资讯:Feature: Greek, Chinese experts discuss Belt and Road
国际英语资讯:Spotlight: Turkey urges U.S. to accept approval on technical examination to avoid S-400 cris
体坛英语资讯:Adriano reveals comeback plans
国际英语资讯:Trump says to meet with Russias Putin at G20
体坛英语资讯:Table tennis test event held at 7th Military World Games venue
为什么新割的草那么好闻?
体坛英语资讯:Su Bingtian and Xie Zhenye team up to run mens 4x100m relay in IAAF World Relays Yokohama
体坛英语资讯:Brazil to meet Honduras, Qatar in pre-Copa America friendlies
体坛英语资讯:Tyronn Lue close to Lakers coaching job, say reports
杀手包、饺子包……这些奢侈品手袋的昵称是怎么来的?
国际英语资讯:Lithuanian PM Skvernelis admits defeat, Nauseda, Simonyte head to presidential runoff
国际英语资讯:Spotlight: European powers tell U.S. to avoid military escalation with Iran
体坛英语资讯:Chinese forward Wu Lei commits his future to Espanyol
国内英语资讯:Implementation plan for national ecological civilization pilot zone unveiled
Taylor Swift和碧昂斯的粉丝吵起来了
国际英语资讯:Pakistan reaches agreement with IMF for 6 bln USD package over 3 years
国内英语资讯:China strengthens disaster prevention, relief education
国内英语资讯:China Focus: Foreign-invested enterprises benefit from Chinas IPR protection
国际英语资讯:Sri Lanka imposes nationwide curfew following violent clashes
国际英语资讯:U.S. Colorado high school shooting leaves unanswered questions
国内英语资讯:Exhibition kicks off to showcase splendor of Asian civilizations
国际英语资讯:UN Day of Vesak opens in Vietnam
国际英语资讯:Cambodia, Nepal sign deals to boost bilateral trade, investment
国内英语资讯:Chinas top legislator to visit Norway, Austria, Hungary
研究发现:55岁是当领导的黄金年龄
体坛英语资讯:Elizabeth Cambage signs for Shanxi womens basketball club
国际英语资讯:EU highlights need for resumption of political dialogue in Libya
体坛英语资讯:Herrmann pens contract extension at Monchengladbach
体坛英语资讯:Pele hails sensational Messi
百事可乐要直接用夜空打广告