Economic Developments  Global Growth Rate for 2022 (IMF Forecast) 6  y/y % chg.  Forecast as of Oct. 2021  5  +4.9%  Downward revision  4 Forecast as of July 2022  +3.2%  3  2  1  0 Oct. 20  Apr. 21  Oct. 21  Apr. 22 Forecast date  Source: IMF.
And if we are to raise our national economic vantage point and take advantage of the momentum coming into 2013, thrift banks need to consider lending more to this economic segment. I say this because MSMEs provide great employment opportunities. A healthier MSME sector will help ensure our economic growth is broad-based and inclusive.