Imf Africa Outlook 2019

Imf Africa Outlook 2019

Africas economic growth has stabilized at 34 percent in 2019 and is expected to pick up to 39 percent in 2020 and 41 percent in 2021 but to remain below historical highs. Rising trade and geopolitical tensions have increased uncertainty about the future of the global trading system and international cooperation more.

Infografik Africa S Economic Growth Trend 2019 En Ghana Africa West African Countries

Inflation has remained low reflecting the peg to the Euro but also continued solid agricultural production and the limited passthrough of higher world oil prices.

Imf africa outlook 2019. 15 Five years after the conflict began per capita GDP is on average 8 percent below its preconflict level compared with a projected. How-ever African economies have deindustrialized. Here are the three messages from the report.

Nov 26 2019 847 AM EST. The IMF talks of a growth rate of 88 in its World Economic Outlook which would make Ghana the fastest growing economy in the world in 2019. The IMF revised South Africas 2020 growth prospects down from 11 in its October 2019 report while the GDP estimates for 2019 were also cut.

Using forecasts from the IMF World Economic Outlook database a comparison of 10 major conflicts in sub-Saharan Africa reveals that at conflict onset t 1 the actual median growth rate plummets to minus 6 percent compared with the projected growth rate of almost 1 percent implying a decline in real GDP per capita of about 7 percent Figure 219. IMF lowers South Africas growth forecast for 2019 to a paltry 07 By Oct 16 2019 JOHANNESBURG The International Monetary Fund IMF has lowered South Africas economic growth forecast for 2019. Some 21 countries mainly the regions more diversified economies are expected to sustain growth at 5 percent or more and remain on the impressive per capita convergence path they have been on since the early 2000s.

Growth in Subsaharan Africa is projected to remain at three point two percent in 2019 and rise to three point six percent in 2020. Growth in sub-Saharan Africa is projected to remain at 32 percent in 2019 and rise to 36 percent in 2020. Despite growing speculation of a global economic crisis in 2020 and mounting challenges facing African nations the International Monetary Fund and the African Development Bank AfDB both predict overall growth in Africa will improve in 2019 and 2020.

After slowing sharply in the last three quarters of 2018 the pace of global economic activity remains weak. These growth rates are lower than we envisaged in April with growth being revised somewhat in about two thirds of countries in the region and this downward revision reflects the more challenging global environment and weaker than anticipated growth in South Africa. April 3 2019.

SP Global Ratings downgraded South Africas. The data and projections cover 45 sub-Saharan African countries in the IMFs African Department. In the 2019 African Economic Outlook published by AfDB outlines the fastest-growing economies across the continent and highlights the biggest challenges theyll face over the coming years.

A report issued by the IMF predicted that on current policies the medium-term growth outlook would remain subdued. Momentum in manufacturing activity in particular has weakened substantially to levels not seen since the global financial crisis. Your browser is not up-to-date.

Last year the countrys economy grew by 56 putting. Economic recovery in sub-Saharan Africa is set to continue with growth projected to pick up from 3 percent in 2018 to 35 percent in 2019. Although structural change is occurring it has.

The expected recovery however is at a slower pace than previously envisaged for about two-thirds of the countries in the region partly due to a challenging external environment. IMF Staff Concludes 2019 Discussions with the West African Economic and Monetary Union on Common Policies for Member Countries. The World Economic Outlook WEO database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report which presents the IMF staffs analysis and projections of economic developments at the global level in major country groups and in many individual countriesThe WEO is released in April and SeptemberOctober each year.

Growths fundamentals are also improving with a gradual shift from private consumption toward investment and exports. Unless noted otherwise data and projections presented in this Regional Economic Outlook are IMF staff estimates as of March 30 2019 consistent with the projections underlying the April 2019 World Economic Outlook. The group previously expected GDP growth of 07 in.

But economic performance remains bifurcated. The 2019 African Economic Outlook high-lights that macroeconomic stabilization and employment outcomes are better when industry leads growth suggesting that industrialization is a robust path to rapid job creation. The IMF has concluded the annual evaluation of Nigerias economy.

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Imf Currency Outlook

Imf Currency Outlook

IMF Western Hemisphere Department Director Alejandro Werner presents the latest Regional Economic Outlook Update and answers questions from the press. Regional Economic Outlook Update for Latin America and the Caribbean.

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WASHINGTON Reuters - The head of the International Monetary Fund on Monday said the global lender needed more resources to help heavily indebted countries citing a highly uncertain global.

Imf currency outlook. The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated and the recovery is projected to be. WASHINGTON Reuters - The head of the International Monetary Fund on Monday said the global lender needed more resources to help heavily indebted countries citing a highly uncertain global. The WEO is released in April and SeptemberOctober each year.

The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic and a growing divergence between rich and poor. The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic and a growing divergence between rich and poor countries required the IMF to find more resources. WASHINGTON REUTERS - The head of the International Monetary Fund on Monday Jan 19 said the global lender needed more resources to help heavily indebted countries citing a highly uncertain.

US Dollar may rise if IMF report paints a gloomy picture for global growth. Issuance of IMFs own currency on the cards Worlds major economies including the US have vowed to take joint action to steer the global economy out of its worst slump since the Great. World Economic Outlook Update June 2020.

WASHINGTON - The head of the International Monetary Fund on Monday said the global lender needed more resources to help heavily indebted countries citing a highly uncertain global economic outlook and a growing divergence between rich and poor countries. Eastern Caribbean Currency Union ECCU IMF Europe Office in Paris and Brussels. IMF Managing Director Kristalina Georgieva who has long advocated a new allocation of the IMFs own currency Special Drawing Rights SDRs said doing so now would give more funds to use address both the health and economic crisis and.

Selected series from the publication are available in a database format. The World Economic Outlook WEO database is created during the biannual WEO exercise which begins in January and June of each year and results in the April and SeptemberOctober WEO publication. The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic and a growing divergence between rich and poor.

WASHINGTON Jan 18 Reuters - The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic and a growing. IMF Capacity Development Office in Thailand CDOT IMF Regional Office in Central America Panama and the Dominican Republic. UK PRIME MINISTER BREXIT IMF ECONOMIC OUTLOOK US DOLLAR TALKING POINTS.

The International Monetary Fund on Tuesday raised its forecast for global economic growth in 2021 but warned that there was still extraordinary uncertainty about the outlook. Global growth is projected at 49 percent in 2020 19 percentage points below the April 2020 World Economic Outlook WEO forecast. A new lawyer for the divorce.

IMF Regional Office for Asia and the Pacific. A Crisis Like No Other An Uncertain Recovery June 24 2020 Description. In its latest World.

February 8 845 AM ET. IMF Members Quotas and Voting Power and Board of Governors. The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic and a growing divergence between rich and poor.

The World Economic Outlook WEO database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report which presents the IMF staffs analysis and projections of economic developments at the global level in major country groups and in many individual countries.

Imf Regional Economic Outlook Update

Imf Regional Economic Outlook Update

With several countries in the region beginning reopening in past weeks and a recent uptick in activity rising infection numbers may pose risks. Alejandro Werner Director of Western Hemisphere Department IMF.

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Sub-Saharan Africa is contending with an unprecedented health and economic crisis one that in just a few months has jeopardized years of hard-won development gains and upended the lives and livelihoods of millions.

Imf regional economic outlook update. They also address economic policy developments that have affected economic performance in the regions and discuss key challenges faced by policymakers. 52 Views Regional Economic Outlook Update for Latin America and the Caribbean Press Conference SPEAKERS. The views expressed are those of the authors and do not necessarily represent the views of the IMF and its Executive Board.

Regional Economic Outlook for Sub-Saharan Africa October 22 2020 Description. Economic activity this year is now projected to contract by some 32 percent reflecting a weaker external environment and measures to contain the COVID-19 outbreak. The outlook for 2020 for sub-Saharan Africa is considerably worse than was anticipated in April and subject to much uncertainty.

Middle East and Central Asia. Regional Economic Outlook Update. World Economic Outlook Update.

The economic impact will be substantial with the region contracting in 2020 by an average of 31 percent. IMF lending to bolster COVID-ravaged economies has gone to 21 countries in the region where the pandemics impact has been magnified by natural disasters. They address regional policy developments and challenges and provide country-specific data and analysis including through analytical pieces on issues of interest to a particular region.

The current outlook for 202021 is broadly unchanged from the June update with activity in 2020 projected to contract by 30 percent still the worst outcome on record. Economic Outlook in Sweden February 11 2021 February 11 2021 International initiatives affecting tax policy Other Taxes Social Security Contributions Tax Policy. Middle East and Central Asia February 2021 - below is their description.

TUNE IN for Regional Economic Outlook Update for Latin America and the Caribbean Press conference by Alejandro Werner Director of the Western Hemisphere Department IMF Clicktap Get Reminder to be notified when the event starts. Global Financial Stability Report. International Monetary Fund IMF video statements embedded content The road to recovery for the Middle East and Central Asia region will hinge on containment measures access to and distribution of vaccines the scope of policies to support growth and measures to mitigate economic scarring from the pandemic.

The World Economic Outlook Update now estimates the region to shrink by 94 percent in 2020 four percentage points worse than the April projection and the worst recession on record. IMF published this video item entitled Regional Economic Outlook Update. Data revisions reflect changes in methodology andor revisions provided by country authorities.

Sub-Saharan Africa is contending with an unprecedented health and economic crisis one that in just a few months has jeopardized years of hard-won development gains and upended the lives and livelihoods of millions. Regional Economic Outlook for Sub-Saharan Africa June 2020 Update. Global Financial Stability Report Update January 2021.

The analysis and projections contained in the MCD REO are integral elements of the Departments surveillance of economic developments and policies in 31. Fiscal Monitor Update January 2021. IMFBlog is a forum for the views of the International Monetary Fund IMF staff and officials on pressing economic and policy issues of the day.

The Middle East North Africa Afghanistan and Pakistan Regional Economic Outlook REO Update is published each spring by the IMFs Middle East and Central Asia Department MCD. A mild recovery to 37 percent is projected in 2021. The IMF said its outlook was based on the stronger than expected performance in 2020 expected wider vaccination efforts a better growth outlook for the US and higher prices of some commodities.

The current outlook for 202021 is broadly unchanged from the June update with activity in 2020 projected to contract by 30 percent still the worst outcome on record. The following statistical appendix tables contain data for 31 MCD countries. Most countries have revised growth down by more than 4 percentage points in one year equivalent to removing 425 billion from the regions total output.

Middle East and Central Asia. A number of assumptions have been adopted for the projections presented in the Regional Economic Outlook Update. Vaccines Inoculate Markets but Policy Support Is Still Needed.

As countries work to bounce. Regional Economic Outlook Update. Middle East and Central Asia 30 Views The road to recovery for the Middle East and Central Asia region will hinge on containment measures access to and distribution of vaccines the scope of policies to support growth and measures to mitigate economic scarring from the pandemic.

The economic impact of the COVID-19 pandemic is being felt around the world and Latin America is no exception. Regional Economic Outlook Update for Latin America and the Caribbean Press Conference. However these policies have also had a large impact on domestic economic activity.

The Middle East and Central Asia MCD region has reacted to the global COVID-19 pandemic with swift and stringent measures that have saved lives. Growth is expected to accelerate later in the year the IMF said in the statement published on Monday. World Economic Outlook Reports.

Imf Mena Economic Outlook 2020

Imf Mena Economic Outlook 2020

In addition to the devastating toll on human health the COVID-19 pandemic and the plunge in oil prices are causing economic turmoil in the region with fragile and conflict affected states particularly hard-hit given already large humanitarian. Regional Economic Outlook October 2020 Middle East and Central Asia Countries in the Middle East North Africa Afghanistan and Pakistan MENAP region and those in the Caucasus and Central Asia CCA responded to the COVID-19 pandemic with swift and stringent measures to mitigate its spread and impact but continue to face an uncertain and difficult environment.

Nasser Saidi Associates Weekly Insights 20 Oct 2020 Expect A Protracted Economic Recovery In Middle East Gcc

In its regional economic outlook update the IMF projected the economies of the Middle East and North Africa to contract by 57 percent this year 24 percentage points lower than its April forecast.

Imf mena economic outlook 2020. The months after the release of the June 2020 World Economic Outlook WEO Update have offered a glimpse of how difficult rekindling economic activity will be while the pandemic surges. In October last year the IMF projected that the MENA regions growth would stand at 32 for the year 2021. Countries of the Middle East and Central Asia region have been hit by two large and reinforcing shocks resulting in significantly weaker growth projections in 2020.

Confronting the COVID-19 Pandemic in the Middle East and Central Asia Description. The economic malaise will see poverty and unemployment rise stoking social unrest and send budget deficits and public debt surging it said. World Bank expects economic growth in the Middle East and North Africa to continue at a modest pace of about 15 to 35 percent during 2019-2021 with some laggards and a few emerging growth stars.

This follows an addition revision of its 2020 projection for the regions growth which. Outlook and Vulnerabilities The economic impact will be substantial with the region contracting in 2020 by an average of 31 percent. The fund does not see oil.

While some MENA economies have maintained what this Update calls unexplained current account balances for several years fiscal policy has lost some of its historical role as a driver of the current account. The World Economic Outlook WEO database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report which presents the IMF staffs analysis and projections of economic developments at the global level in major country groups and in many individual countriesThe WEO is released in April and SeptemberOctober each year. Middle East and Central Asia July 2020 The Middle East and Central Asia MCD region has reacted to the global COVID-19 pandemic with swift and stringent measures that have saved lives.

Most countries have revised growth down by more than 4 percentage points in one year equivalent to removing 425 billion from the regions total output. The International Monetary Fund has raised its economic outlook for the Middle East and North Africa regions growth in 2020 by 12 percentage points to an overall contraction of 38. However these policies have also had a large impact on domestic economic activity.

Regional Economic Outlook Update. The International Monetary Fund downgraded its outlook for Middle East and Central Asian economic recovery predicting a 41 contraction for the region as a whole. IMF Regional Economic Outlook outlines opportunities for regional economic recovery in 2021 October 28 2020 4305 views Looking ahead policymakers must remain nimble as countries pivot from the immediate response to support the recovery and should act decisively to build stronger more resilient and more inclusive economies.

During May and June as many economies tentatively reopened from the Great Lockdown the global economy started to climb from the depths to which it had plunged. Countries of the Middle East and Central Asia region have been hit by two large and reinforcing shocks resulting in significantly weaker growth projections in 2020. The IMF moderated its 2020 economic contraction forecast to 38 from 5 in October driven largely by the stronger-than-projected performance of oil exporting nations Azour wrote in the regional.

Countries in the Middle East North Africa Afghanistan and Pakistan MENAP region and those in the Caucasus and Central Asia CCA responded to the COVID-19 pandemic with swift and stringent measures to mitigate its spread and impact but continue to face an uncertain and difficult environment. The IMF revised its 2020 economic outlook upward for the Mideast and North Africa now predicting only a 38 percent contraction as higher oil prices boosted budgets for producers and some. In addition to the devastating toll on human health the COVID-19 pandemic and the plunge in oil prices are causing economic turmoil in the region with fragile and conflict affected states particularlyhard-hit given already large.

The latest update of the World Economic Outlook report of the IMF has significantly revised the 2020 growth outlook of Saudi economy upwards from the October projection of 54 per cent. Oil exporters were particularly hard hit by a double-whammy of the economic impact of lockdowns.

Imf World Economic Outlook Database November 2019

Imf World Economic Outlook Database November 2019

In the imf global economic outlook october 2019 the organisation generally paints a negative picture of the global economy. Regional Economic Outlook for Sub-Saharan Africa October 22 2020 Description.

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Economic Outlook No 104 - November 2018.

Imf world economic outlook database november 2019. World economic outlook International Monetary Fund. Economic Outlook No 106 - November 2019. The world economy or the global economy is the economy of all humans of the world largely referring to the global economic system which includes all economic activities which are conducted both within and between nations including production consumption economic management work in general exchange of financial values and trade of goods and services.

The second section presents a brief description of the changes to the database and statistical tables since the April 2019 World Economic Outlook WEO. See also the World Economic Outlook Reports. The global economy is projected to grow at 35 percent in 2019 and 36 percent in 2020 02 and 01 percentage point below last Octobers projections.

September 1 2019 November 4 2019 Global Economic Governance Events International Finance Events Past Events. IMF Policy Papers IMF Research Bulletin IMF Speeches IMF Staff Papers IMF Survey Independent Evaluation Office Reports Miscellaneous Publication Other Other Official Rpts and Docs Other Periodicals Regional Economic Outlook Research Perspectives Selected Decisions Selected Legal and Institutional Papers Spillover Notes Summary Proceedings. The International Monetary Fund IMF has downgraded near-term global growth prospects to 37 percent from 39 percent for both 2018 and 2019 in its latest World Economic Outlook said a Qatar.

Underlying UK GDP growth slowed materially in 2019 as weaker global growth and Brexit-related uncertainties weighed on spending. Employment Outlook 2019 The OECD Economic Outlook is the OECDs twice-yearly analysis of the major economic trends and prospects for the next two years. Chapter 2 of the latest World Economic Outlook examines the rise in within-country regional disparities in economic performance across advanced economies.

Sub-Saharan Africa is contending with an unprecedented health and economic crisis one that in just a few months has jeopardized years of hard-won development gains and upended the lives and livelihoods of millions. However unlike the synchronized slowdown this recovery is not broad-based and remains precarious. The institution is more or less a bank for countries.

The World Economic Outlook WEO database is created during the biannual WEO exercise which begins in January and June of each year and results in the April and SeptemberOctober WEO publication. IMF CSF Creative Solutions Division Composition. READ THE REPORT.

2019 International Monetary Fund Cover and Design. Economic Outlook No 105 - May 2019. Selected series from the publication are available in a database format.

AGS An RR Donnelley Company Cataloging-in-Publication Data Joint Bank-Fund Library Names. The global expansion has weakened. IMF October 2019 World Economic Outlook.

The IMFs latest World Economic Outlook foresees a slight rebound in 2020 but warns of threats ranging from heightened political tensions in the Middle East to the threat that the United States. IMF Staff Papers IMF Survey Independent Evaluation Office Reports Miscellaneous Publication Other Other Official Rpts and Docs Other Periodicals Regional Economic Outlook Research Perspectives Selected Decisions Selected Legal and Institutional Papers Spillover Notes Summary Proceedings Tax Law Technical Note World Economic and Financial Surveys. Global growth is projected at 49 percent in 2020 19 percentage points below the April 2020 World Economic Outlook WEO forecast.

Economic Outlook No 103 - July 2018 - Long-term baseline projections. Global growth for 2018 is estimated at 37 percent as in the October 2018 World Economic Outlook WEO forecast despite weaker performance in some economies notably Europe and Asia. The third section provides a general description of the data and the conventions used for calculating country group composites.

The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated and the recovery is projected to be. World Economic Outlook Update June 2020. Economic Outlook No 106 - November 2019.

Section 1 of the Monetary Policy Report - November 2019. OECD Economics Outlook November 2018 Global growth is weakening risks are rising. It is especially concerned about the economic development in advanced economies.

Weaker world growth has been partly driven by trade protectionism and an associated rise in global uncertainty. You can download the report above at the beginning of this article. In the October World Economic Outlook we are projecting a modest improvement in global growth to 34 percent in 2020 another downward revision of 02 percent from our April projections.

The ratings agency forecast 06 GDP growth this year down from the 1 expected in May while unemployment is at a 16-year high of 29. Full Report and Executive Summary Global growth is forecast at 30 percent for 2019 its lowest level since 200809 and a 03 percentage point downgrade from the April 2019 World Economic Outlook. A Crisis Like No Other An Uncertain Recovery June 24 2020 Description.

The current outlook for 202021 is broadly unchanged from the June update with activity in. IMF staff projections currently show a debt path that. Economic Outlook No 106 - November 2019.

Imf Economic Outlook March 2020

Imf Economic Outlook March 2020

The COVID-19 pandemic is inflicting high and rising human costs worldwide and the necessary protection measures are severely impacting economic activity. Listed below are items related to Italy.

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Growth in sub-Saharan Africa in 2020 is projected at 16 percent the lowest level on record.

Imf economic outlook march 2020. The current outlook for 202021 is broadly unchanged from the June update with activity in 2020 projected to contract by 30 percent still the worst outcome on record. We have sharply adjusted our growth forecast for 2020 to the downside as a result of the outbreak of the recent coronavirus officially named COVID-19 see figure 1. Future Development The International Monetary Fund IMF just published its World Economic Outlook for 2020 and 2021.

The economic future depends on the virus. For 2021 regional growth should recover modestly to 31 percent. GDP Data from January 2021 World Economic Outlook.

As noted in the October 2020 World Economic Outlook WEO a green investment push coupled with initially moderate but steadily rising carbon prices would yield needed emissions reductions while supporting the recovery from the pandemic recession. Global growth is projected to rise from an estimated 29 percent in 2019 to 33 percent in 2020 and 34 percent for 2021a downward revision of 01 percentage point for 2019 and 2020 and 02 for 2021 compared to those in the October World Economic Outlook WEO. Strong multilateral cooperation is required to bring the pandemic under control everywhere.

As a result of the pandemic the global economy is projected to contract sharply by 3 percent in 2020 much worse than during the 200809 financial crisis. This issue of the OECD Economic Outlook analyses the impacts of COVID-19 on the economy and puts forward projections for output employment prices fiscal and current account balances. To get there it is paramount to prioritize containment and strengthen health systemseverywhere.

IMF Economy Forecast The International Monetary Fund predicted the Great Lockdown recession would be the steepest in almost a century. We are upgrading our forecast for advanced economies for 2020 to -58 percent followed by a rebound in growth to 39 percent in 2021. First the outlook for global growth.

The IMF forecast that the global economy will contract by 3 this year and advanced economies by more than 6 and warned that the damage will be even worse if COVID-19 persists longer than expected. During May and June as many economies tentatively reopened from the Great Lockdown the global economy started to climb from the depths to which it had plunged. Our actions in 2020 will reduce the death rate well below what a 1918-style response would have created but at a price of more severe economic decline.

For 2020 it is negativea recession at least as bad as during the global financial crisis or worse. April 2020 The COVID-19 pandemic threatens to exact a heavy human toll and the economic crisis it has triggered can upend recent development progress. For emerging markets and developing economies excluding China instead we have a downgrade with growth projected to be -57 percent in 2020 and then rebounding to 5 percent in 2021.

The World Economic Outlook WEO database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report which presents the IMF staffs analysis and projections of economic developments at the global level in major country groups and in many individual countriesThe WEO is released in April and SeptemberOctober each year. December 2020 Number 108 The COVID-19 pandemic will cast a long shadow and raises uncertainty over the worlds economies. This is a partial recovery.

The months after the release of the June 2020 World Economic Outlook WEO Update have offered a glimpse of how difficult rekindling economic activity will be while the pandemic surges. Macrobond IMF RaboResearch We expect global economic growth to be 16 in 2020 and 32 in 2021 see table 1. The International Monetary Fund has raised its economic outlook for the Middle East and North Africa regions growth in 2020 by 12 percentage points to an overall contraction of 38.

To nobodys surprise it says that the global economy is projected to contract. But we expect recovery in 2021. A Multispeed Recovery in Asia October 21 2020.

The IMF Press Center is a password-protected site for working journalists. The last Article IV Executive Board Consultation was on March 18 2020. Global growth is projected to rise from an estimated 29 percent in 2019 to 33 percent in 2020 and 34 percent for 2021a downward revision of 01 percentage point for 2019 and 2020 and 02 for 2021 compared to those in the October World Economic Outlook WEO.