Wednesday, December 6, 2017

Assuming that the Credit Guarantee Fund (CGF) ceiling will not be raised next year, the contribution to output growth from credit impulse should be negative, leading real GDP growth to slow from an estimated 6% in 2017 to 4% in 2018. 

IIF Authors

Ugras Ulku

Ugras
Ulku
Deputy Chief Economist
+1-202-857-3617
uulku@iif.com

Ondrej Schneider

Ondrej
Schneider
Chief Economist
+1-202-857-3635
oschneider@iif.com

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