In a sign of the ferocity of the down turn, the IMF marked down, yet again, its estimate for global growth in 2009 to a range of (-)1.0 to (-)0.5 per cent, the first global contraction in 60 years.
Economic performance  •  Economic growth has averaged around 2.4 percent over the past 5 years and is expected to average around 2.7 percent in the next 3 years. •  Investment performance has increased since 2001, with the momentum coming from the private sector. 2. What are our key challenges?