IMF pegs growth at 6.4%
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The economy is poised to grow by 6.4 per cent during the current year and 6.7 per cent in 2005, but a poor monsoon is raising concerns over agricultural growth, the International Monetary Fund (IMF) said here today.
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The International Monetary Fund has cut  its forecast for global growth next year slightly amid  expectations that the U.S. and Chinese economies will not  expand as strongly as previously thought.
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The IMF says that global economic growth is likely to be dampened by the turbulence which has swept world markets.
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The world economy is powering ahead at a faster pace than expected two months ago, building up global inflationary pressures, the chief economist for the International Monetary Fund said on Tuesday.
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The International Monetary Fund expects Israel&#39;s economy to grow 3.6 percent by the end of this year, and 3.5% in 2005, according to the World Economic Outlook review released last week during Succoth.
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U.S. economic activity should pick up for the rest of this year and into 2008 as the drag from a decline in the housing market dissipates, the International Monetary Fund said Friday.
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The International Monetary Fund on Wednesday revised up its 2004 world growth forecast to 5 percent, the highest level in three decades, but said sharply
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The International Monetary Fund expects to lower its projection for global economic growth in 2005 to about 4 percent, due in part to rising oil prices, the agency's managing director said Monday.
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IMF Managing Director Rodrigo Rato sees world economic growth of around 4.6 percent in 2004 and 2005, according to an interview published in a Spanish newspaper on Friday.
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The International Monetary Fund has cut its forecast for global growth next year slightly amid expectations that the US and Chinese economies will not expand as strongly as previously thought.
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The head of the International Monetary Fund on Tuesday predicted a "continued smooth ride" for the global economy, but cautioned there are signs of potential trouble ahead after several years of brisk growth.
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The Philippine economy registered a6.2 percent growth in the second quarter, higher than the 4.2 percent during the same period last year, National Statistical Coordinating Board
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In its twice yearly assessment of the world&#39;s economy, the International Monetary Fund concluded that growth in the Israeli economy will reach 3.6 percent this year, and placed Israel in its list of the 29 most developed nations of the world.
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Britain&#039;s economy grew by 0.6 percent during the first quarter of 2006, unchanged from the previous quarter and leading to the fastest annual growth pace since 2004.
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Global financial markets remain   strong but risks of an economic slowdown have increased, which   could trigger corrections more severe than the one in May, the   International Monetary Fund said on Tuesday.
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The IMF says China must not slacken efforts to ease too-rapid growth and urges it to reform exchange rates.
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The Asian Development Bank has raised its growth forecast for Philippine economy to between 4.7 percent and 5.7 percent both for 2004 and 2005, higher than the 4.5 percent to 5.5 percent growth projection it made in April.