Member Countries
IMF upbeat about prospects for economies in lusophone world
Release time:2019-04-10
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The International Monetary Fund expects the economies of all Portuguese-speaking parts of the world to expand this year.

The latest edition of World Economic Outlook, an IMF publication, released last week contains forecasts that the Brazilian economy will grow by 2.1 percent this year and 2.5 percent next year, after growing 1.1 percent in 2018.

The IMF forecasts that the Portuguese economy will grow by 1.7 percent this year and 1.5 percent in 2020, after expanding 2.1 percent last year.

In the wake of a contraction of 1.7 percent in 2018, the institution forecasts that the Angolan economy will grow by 0.4 percent this year and 2.9 percent next year, and that the Mozambican economy will grow by 4 percent both this year and next.

The economic growth rate forecast for Cabo Verde and Guiné-Bissau alike is 5 percent both this year and next, and the economic growth rates forecast for São Tomé e Príncipe are 4 percent this year and 4.5 percent next year, after expanding 3 percent in 2018.

The IMF forecasts that the Timor Leste economy will grow by 5 percent this year and 4.8 percent next year, after recording 0.8 percent growth last year.

World Economic Outlook also contains a forecast that the Chinese economy will grow by 6.3 percent this year and 6.1 percent next year.