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#IMF projects 2020 economic (GDP) growth rates of:
🇧🇹 #Bhutan 2.7%
🇻🇳 #Vietnam 2.7
🇧🇩 #Bangladesh 2.0
🇮🇳 #India 1.9
🇨🇳 #China 1.2
🇵🇭 #Philippines 0.6
🇮🇩 #Indonesia 0.5
But here & elsewhere a lot of pain behind the numbers. @IMFNews #WEO
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#Vietnam 🇻🇳 2.7
#Myanmar 🇲🇲 1.8
#Brunei 🇧🇳 1.3
#Laos 🇱🇦 0.7
#Philippines 🇵🇭 0.6
#Indonesia 🇮🇩 0.5
#Cambodia 🇰🇭 -1.6
#Malaysia 🇲🇾 -1.7
#Singapore 🇸🇬 -3.5
#Thailand 🇹🇭 -6.7
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-29.6
@IMFNews #WEO #IMFMeetings 🦠vs 🎲🎰=🎢
#StaySafeStayHome #WeShallOvercome
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#Bhutan 🇧🇹 2.7
#Nepal 🇳🇵2.5
#Bangladesh 🇧🇩 2.0
#India 🇮🇳 1.9
#SriLanka 🇱🇰 -0.5
#Pakistan 🇵🇰 -1.5
#Maldives 🇲🇻 -8.1
#Afghanistan 🇦🇫 -3.0
🙏 #StrongerTogether
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2020 #IMF projections ↕️:
1. Important to go beyond numbers &understand real impact on real people of pandemic
2. Pandemic has underscored •need for greater transparency/ coordination
•enduring challenge of inequality/inequity
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The #IMF says in 2021—after the #GreatLockdown recession—the global economy is projected to grow by 5.8% over 2020, comprised of:
— for advanced economies: 4.5%
— for emerging markets & developing economies: 6.6%
Details in chart below. Table: @IMFNews
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#Kiribati 🇰🇮 0.0
#MarshallIslands 🇲🇭 -0.2
#Micronesia 🇫🇲 -0.4
#PNG 🇵🇬 -1.0
#Tuvalu 🇹🇻 -1.0
#Tonga 🇹🇴 -1.2
#Nauru 🇳🇷 -1.7
#SolomonIslands 🇸🇧 -2.1
#Vanuatu 🇻🇺 -3.3
#Samoa 🇼🇸 -3.7
#Fiji 🇫🇰 -5.8
#Australia 🇦🇺 -6.7
#NewZealand 🇳🇿 -7.2
#Palau 🇵🇼 -11.9
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#covid19
👉#IMF’s latest GDP “Growth” Projections for 2020:
Overall: -0.6
#Philippines 🇵🇭 0.6
#Indonesia 🇮🇩 0.5
#Malaysia 🇲🇾 -1.7
#Singapore 🇸🇬 -3.5
#Thailand 🇹🇭 -6.7
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Our world 🌐 5.8
#USA 🇺🇸 4.5
#China 🇨🇳 9.2
#India 🇮🇳 7.4
#ASEAN-5 🇮🇩🇲🇾🇵🇭🇸🇬🇹🇭 7.8
Albeit from a lower 2020 base.
#MrOptimism #WEO
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A proposal: of #debtsustainability, #COVID19 uncertainty & @IMFNews. Read: brook.gs/34CzWlw via @heidirediker @DougRediker
@BrookingsInst
@CFR_org
Let’s just go to the #digital clip. Have a listen to @IMFNews chief economist @GitaGopinath
#WEO
Woohoo. ⬆️ 53% this year. #Guyana 🇬🇾.
This remote, jungle-covered nation will enjoy by far the world’s fastest expansion, & be the only country in the Americas to see any growth at all in 2020, the #IMF says.
bloomberg.com/amp/news/artic…
@mjbristow reports
Lowest Growth Since the 1960s. Two key added factors shaping outlook: the global slowdown & the #China slowdown.
blogs.imf.org/2020/04/15/cov…
Via @IMFNews Chang Yong Rhee
@rhee_chang
#IMF Sees #AsiaPacific Economic Growth at Standstill in 2020. bloomberg.com/news/articles/… Bottom line: #Asia will only rebound when there’s a global recovery. @endacurran reports. #weareinthistogether #WEO @IMFNews