IMF set to upgrade 2010 growth forecast


The International Monetary Fund (IMF) is set to raise its global growth forecast for 2010, Murilo Portugal, a deputy managing director at the Fund, said on Monday.

Speaking to journalists at a seminar in Sao Paolo, he said that the IMF will revise expected growth to 3%, up from 2.5% as given in July. "The recovery is stronger than initially forecast," Portugal said.

Portugal's comment continues the emerging theme of guarded optimism among policymakers and governments. Over the past week, the

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: