A global economy that is expected to turn the corner in 20179  The latest IMF World Economic Outlook (WEO)10 projects a pickup in economic activity over the next two years, driven by EMDEs which are growing at well above the world average.
Global growth for 2016 has been estimated at 3,1 per cent and is projected to increase to 3,4 per cent and 3,6 per cent in 2017 and 2018 respectively. It is expected that advanced economies will experience a lift in activity from an estimated 1,6 per cent in 2016 to 2,0 per cent in 2018.