Global slowdown evident in 2019 The year gone by has been one of the worst performing year for the global economy when it’s likely to grow by 3 percent in 2019P (IMF Estimates, October 2019) a pace much slower than last year. Emerging market was hit the worst with their growth being hampered to 3.9 percent in 2019P (IMF Estimates) as compared to 4.5 percent in 2018.
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