Sunday Dec 15, 2024
Wednesday, 5 October 2011 02:09 - - {{hitsCtrl.values.hits}}
Goldman Sachs economists have downgraded world economy growth rates to 3.8% in 2011 and 3.5% in 2012 (vs. previous forecasts of 3.9% in 2011 and 4.2% in 2012), Arrenga Capital said yesterday.
It said the IMF too had reduced its estimates on 20 September to 4% from 4.3% in 2011.