IMF estimates 'faster' economic recovery in 2010

IMF has said recovery from a deep global recession appeared to be happening "faster than anticipated."

IMF estimates 'faster' economic recovery in 2010

IMF has said recovery from a deep global recession appeared to be happening "faster than anticipated."

The IMF's latest World Economic Outlook, released in Istanbul on Thursday, revised its global economic growth expectation from an earlier 2.5 percent to 3.1 percent for 2010.

The report projected a 1.1 percent shrinkage this year instead of an earlier estimation of 1.4 percent.

The IMF also raised U.S. GDP forecast from 0.8 percent to 1.5 percent.


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Last Mod: 01 Ekim 2009, 11:45
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