IMF sees world economy coming out of recession

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The International Monetary Fund (IMF) has said that the downward pressures on global growth are gradually lifting, but cautioned that any recovery was likely to be weak.

The Fund on Wednesday published an upward revision to its World Economic Outlook (WEO), projecting global economic growth during 2010 to be three-fifths of a percentage point higher than was predicted in April. However, it revised downward its estimate for growth this year by a tenth of a percentage point.

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