For ASEAN countries, IMF sees slower global growth outweighing China reopening

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International Monetary Fund economists said that Singapore and other Southeast Asian economies are seeing downgrades to their 2023 growth outlooks because slowing global growth will outweigh the positive impact from China's economic reopening

global growth forecasts

IMF's 2023 forecast for ASEAN-5 - Singapore, Malaysia, Vietnam, Indonesia and the Philippines - was cut to 4.3% from 4.5% in the October forecast. The fund's 2024 forecast was also cut by 0.2 percentage point to 4.7%.

 

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Surely it's due to Brexit! IMF is a ridiculous organisation.

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