Business Report cites Eric LeCompte on the IMF World Economic Outlook report. Read an excerpt below, and click here for the full story.

IMF lowers South Africa’s growth forecast for 2019 to a paltry 0.7%

Eric LeCompte, the director of Jubilee USA, a non-profit financial reform organisation, said this was the bleakest economic outlook report that he had seen from the fund.

“World leaders should be very concerned. Inequality is on the rise, even in some of the richest societies,” LeCompte said.

Read more here.