Global recovery to accelerate next year: IMF | Global recovery to accelerate next year: IMF -

Global recovery to accelerate next year: IMF

: Monday, July 07 - 2014 @ 03:20

International Monetary Fund (IMF) chief, Christine Lagarde has said that global economic activity should strengthen in the second half of this year and accelerate in 2015, although momentum could be weaker than expected, Reuters has reported. The IMF’s update of its global economic outlook, expected later this month, will be slightly different from the forecasts published in April, she said. “Global activity is picking up but the momentum could be less strong than we had expected because potential growth is weaker and investment … remains subdued,” Lagarde said.

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Monday, July 7- 2014 @ 3:20 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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