Treasury downgrades growth forecasts ahead of budget
by @MichaelWestBiz
@MichaelWestBiz— Global financial uncertainty has prompted the Treasury to downgrade its growth forecasts for major economies ahead of the federal budget. Geopolitical tensions in the Middle East as well as a slowdown in China has led to the rethink on global economies, with Treasurer Jim Chalmers warning of a “fraught and fragile” outlook internationally. China’s growth […]
CNBC—IMF raises its Asia growth forecast for 2024, highlights India's growth and China stimulus as key drivers. The upward revision reflects upgrades for China, the IMF said, where it expects policy stimulus to provide support.
@MichaelWestBiz—Spending habits under a microscope ahead of budget. The wellbeing of the Australian consumer will be on display as fresh retail trading data is released in the coming week. The Tuesday dataset from the Australian Bureau of Statistics will cover the month of March and follow a lacklustre 0.3 per cent increase in February, in part supported by Taylor Swift concerts. The Eras […]
www.plenglish.com—Guatemala forecasts 5% export growth in 2024. Guatemala City, Apr 28 (Prensa Latina) The Bank of Guatemala (Banguat) today projects a 5% growth in exports for 2024, which represents a recovery from last year's 9.4 percent drop. The post Guatemala forecasts 5% export growth in 2024 first appeared on Prensa Latina.