IMF chief sees global growth despite oil prices

Global economic growth will stay above 4% this year, the head of the International Monetary Fund said at the weekend.

IMF managing director Rodrigo de Rato also said fuel shortages following Hurricane Katrina had shown that the US needed to raise its oil refining capacity in the long term.

"World growth is clearly above 4%. The tendency will continue this year and next year," he said at a briefing after a one-day meeting with Asia-Pacific finance ministers and central bank governors on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: