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Wednesday 27 January 2010

QROPS Advice: Investment News: IMF Warning

Countries have emerged faster than expected from the global recession, but the International Monetary Fund warned on Tuesday that managing post-crisis growth is becoming complicated by the divergence in advanced and developing economies. The IMF presented a brighter outlook for this year, with the world economy forecast to expand at a 3.9 percent pace instead of the 3.1 percent estimate given in October. Global growth is expected to continue to pick up in 2011, with the forecast edging up to 4.3 percent from 4.2 percent.

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