IMF sees no global recession in 2001 or 2002

US - International Monetary Fund First Deputy Managing Director Anne Krueger said Monday 24 September she does not see a global recession in either 2001 or 2002 despite increased economic uncertainty following the 11 September attacks on the United States.

"The IMF ... defines global recession as being less than 2.5 percent growth of world GDP," Krueger told reporters. "On that basis, we are saying we do not believe there will have been recession in 2001 because we believe the growth rate will