Global Macro-Economic Outlook-Q3 2023
Professor Emmanuel Moore ABOLO ,PhD-Econs, FGRCP,FIMC, FNIMN,FPSSN
The Risk Master; Global Speaker; ESG Specialist
The global economy remains challenged due to several factors:
- The war in Ukraine following unprovoked agression of Putin;
- Stickier inflation that is rather uncomfortable;
- Unexpectedly hawkish central banks--easing dilemas;
- Shifting geopolitical discontinuities;
- US-China tensions;
Our GDP growth Forecasts:
- World: 2.6%
- Emerging Markets and Developing Economies: 4.0%
- India: 4.8%
- China: 2.3%
- Rusia: 1.1%
- Gulf Region: 1.6%