Rato sees world growth beating IMF forecast

According to the International Monetary Fund's managing director, world economic growth this year will exceed the current forecast of 4.3 percent thanks to a recovery in Europe and Japan.

Rodrigo Rato told Reuters in an interview that the economic environment was "very benign", as the potentially harmful impact of record oil on output growth and inflation had been mitigated by low interest rates and the beneficial effects of globalisation.

"We see the world economy growing faster than we expected

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