Downside risks could arise from higher uncertainty surrounding the UK's exit from the EU, weaker-than-expected growth in the UK and the euro area, and geopolitical tensions in the Eastern Mediterranean, it says.
Uwaleke said that the target would not be achievable following
downside risks such as election spending and implementation of minimum wage.
Moody's does not expect a slowdown in China's growth to be a significant
downside risk this year, said Vice President and Senior Analyst Joy Rankothge in a release.
While growth was buoyant, the StanChart economists was seeing
downside risks to the current account.
Downside risks are persistently low oil prices further pressuring external and fiscal accounts, deeper than expected rating downgrades and lack of Saudi support.
She concludes that benefits must be distributed fairly, with
downside risks well managed, or public support for globalization will disintegrate.
Lot 1 - hardware and thermohydraulic 90 050 EUR (of which 50 EUR security charges from interfering not subject to
downside risks);
In our view, ongoing tensions between Russia and Ukraine will pose
downside risks to exports as we could see disruption in transportation for the crop.
It added, however, that "the
downside risks that surround the global recovery on the back of challenges facing the Euro zone and the softening growth in emerging markets could pose
downside risks to domestic GDP going forward".
THOUGH
downside risks to the economy have receded in recent months, it is likely that the growth engine will continue to chug in the slow lane until 2015 even if Bharatiya Janata Party's candidate Narendra Modi becomes Prime Minister, according to a report released by rating agency Moody's analytical arm.
Downside risks to our five-year forecasts include subdued demand from EU states, depreciation of the Turkish lira raising production costs, political unrest in the country and a global weakening of steel prices.
Downside Risks To Medium-Term Growth: There are significant
downside risks to our economic growth forecasts, particularly stemming from the impact of fiscal consolidation and the eurozone sovereign debt crisis.
