IMF sees 4.1% global growth
Source: Agencies |
April 5, 2010, Monday
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Print Edition
Print Edition
THE world economy could grow 4.1 percent this year, 0.2 point more than previously forecast, the International Monetary Fund says in the latest draft of its World Economic Outlook, accoriding to Italian news agency ANSA.
The United States economy is now expected to grow 3 percent this year, instead of the 2.7 percent forecast in the IMF's January report, according to ANSA and Italian newspapers which published the draft figures yesterday.
The IMF is due to publish its next World Economic Outlook on April 21, business newspaper Il Sole 24 Ore said.
According to the draft, eurozone growth this year is now forecast to be 0.8 percent, down 0.1 point from January's estimate. In 2011, the figure is seen at 1.5 percent, also down 0.1 point.
Europe "is coming out of recession more slowly than other regions," the draft said, because there are "various forces which are putting a brake on recovery," including Greece, Il Sole 24 Ore said in its report yesterday.
Europe's biggest economy, Germany, sees a 1.2 percent rise in gross domestic product in 2010.
(Reuters)
The United States economy is now expected to grow 3 percent this year, instead of the 2.7 percent forecast in the IMF's January report, according to ANSA and Italian newspapers which published the draft figures yesterday.
The IMF is due to publish its next World Economic Outlook on April 21, business newspaper Il Sole 24 Ore said.
According to the draft, eurozone growth this year is now forecast to be 0.8 percent, down 0.1 point from January's estimate. In 2011, the figure is seen at 1.5 percent, also down 0.1 point.
Europe "is coming out of recession more slowly than other regions," the draft said, because there are "various forces which are putting a brake on recovery," including Greece, Il Sole 24 Ore said in its report yesterday.
Europe's biggest economy, Germany, sees a 1.2 percent rise in gross domestic product in 2010.
(Reuters)
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