Global Growth
• The IMF predicts global GDP at 3.3% in 2015, marginally lower than in 2014
• Economies of Americas economy and Europe are recovering.
• Economies of Middle East and China are slowing down.
• Africa business tourism plus decreasing incomes
• A slowdown in emerging market and developing economies
•The distribution of risks to global economic activity is still tilted to the downside. Lower commodity prices also pose risks to the outlook in low-income developing economies after many years of strong growth.