QNB: World Economy On Bumpy Road To Recovery


(MENAFN- Qatar News Agency) ha April 12 - The world economy continues to move slowly out of the recovery room from the great recession of 2008-09 with still a number of bumps and bruises. This is the main message coming out of the IMF and World Bank Spring Meetings in Washington DC this weekend. While US economic growth remains moderate the Eurozone is suffering from a tepid recovery and near deflation said QNB Group in its weekly analysis. It said at the same time Chinese growth is slowing on lower export demand and excessive leveraging and Emerging Markets (EMs) continue to adjust to the negative repercussions of the tapering of Quantitative Easing (QE).Overall the global growth picture remains mixed with only the GCC (particularly Qatar) and Sub-Saharan Africa registering strong growth and a positive outlook.(MORE


Qatar News Agency

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