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IMF: Weakening fiscal balance sheets biggest concern for emerging markets beyond 2021

From think.ing.com

{chart} The underlying story remains similar to the World Economic Outlook report in January, with the uplift mainly stemming from advanced economies which are expected to grow by 5.1% in 2021 and 3.6% in 2022 (vs 4.3% and 3.1%, expectations respectively, in January), thanks to the vaccine rollout momentum which will gather pace in 2H21 and additional fiscal support in a few larger economies, notably the US where 2021 growth has been revised up by 1.3 percentage points higher to 6.4%. {chart} Emerging market and developing economies: Meanwhile, aggregate growth for emerging market and developing economies (EMDE) is ... (full story)

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  • Category: Fundamental Analysis