IMF revises up global GDP forecast to 3.9% for 2010, 4.3% in 2011
The International Monetary Fund (IMF) has revised up its global GDP forecasts, noting the economy is “recovering faster than previously anticipated”, having been battered over the past two years. The IMF is now forecasting 3.9% growth this year (up three quarters of a percentage point from its Oct-2009 outlook) and 4.3% growth in 2011.
