IMF to cut growth forecast

The International Monetary Fund (IMF) will cut its forecast for growth in the global economy in 2009, its managing director said.

Speaking at conference on relations between the Fund and Spain, Dominique Strauss-Kahn said the global economy may not begin to recover until the end of 2009. In November, the IMF lowered its global economic growth forecast to 2.2% from 3%.

He also said the Fund could cut its 2009 forecast for China to around 5% amid an "unprecedented" global slowdown. "We started w

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 indvidual account here: