IMF report sees global economy recovering

US - Although downside risks are rising, the global economy is slowly recovering from a worldwide recession, the International Monetary Fund said Wednesday.

CBS MarketWatch reported the global economy is projected to grow 2.8 percent in 2002 and 3.7 percent in 2003 after an anaemic 2.2 percent in 2001, the IMF said in its semi-annual World Economic Outlook.

Six months ago, the IMF projected global growth at 4 percent in 2003, but falling equity markets, higher commodity prices and unfavourable

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

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