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Added on the 26/03/2021 13:00:00 - Copyright : EFE Inglés
China's economy will grow slower than initially expected this year owing to a stronger-than-anticipated "fiscal tightening," IMF chief economist Gita Gopinath says. SOUNDBITE
Seoul, May 27 (EFE/EPA).- South Korea's central bank on Thursday raised its economic growth forecast for 2021 by one percentage point to 4 percent due to the progressive recovery of the economy while keeping interest rates unchanged at a record low of 0.5 percent.The Bank of Korea (BoK) also forecast that Asia's fourth largest economy will grow 3 percent in 2022.In the face of strong signs of recovery, the bank expects inflation this year to be 1.8 percent, half a percentage point above the previous forecast. (Camera: ARCHIVE). ARCHIVE FOOTAGE OF SEOUL, SOUTH KOREA.
The International Monetary Fund's World Economic Outlook now sees world growth of 6.0 percent this year after the contraction of 3.3 percent in 2020 amid the Covid-19 pandemic, IMF chief economist Gita Gopinath says. SOUNDBITE
Washington, Apr 6 (EFE / EPA) .- (Camera: Shawn Thew) The global recovery is accelerating and the International Monetary Fund (IMF) estimates that the world's economic growth will reach a 6% in 2021 -five tenths more than expected in January-, although it warns that the Covid-19 crisis has left scars in emerging countries such as growing inequality and an increase in poverty.FOOTAGE OF THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK HEADQUARTERS.
Banda Aceh, Feb 22 (EFE/EPA).- The Central Bank of Indonesia has cut down the economic growth outlook for 2021 to 4.3 percent to 5.3 percent following the weak gross domestic product (GDP) from the fourth quarter last year.Indonesia previously expected the 2021 economic growth to reach between 4.8 percent to 5.8 percent. (Camera: HOTLI SIMANJUNTAK).SHOT LIST: INDONESIAN TRADERS DISPLAY THEIR GOODS AT A TRADITIONAL MARKET IN BANDA ACEH, INDONESIA.
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