IMF lifts world growth estimates
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World economic growth will be higher than previously thought at 5.1% in 2006 and 4.9% in 2007, the IMF predicts.
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Developing nations are on course to record their strongest economic growth since 1974, the World Bank says.
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The World Bank raises its China growth forecast by almost 1%, despite fears of a global slowdown.
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THE International Monetary Fund (IMF) says Uganda&#39;s economy will grow by 5.5% during 2005 due to favourable macro- economic indicators.
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The global economy faces a period of uncertainty, with risks to continued growth much higher than they were six months ago, the head of the International Monetary Fund said Monday.
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The Washington-based World Bank says 2004 has been a very good year for developing countries, with their economies growing at their fastest pace in 30 years.
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The International Monetary Fund on Monday commended Australia for its strong economic performance and said the country&#39;s outlook was favorable and unlikely to
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WASHINGTON : The International Monetary Fund commended Australia&#39;s economic management and said the country&#39;s 13-year expansion is likely to continue with 3.75 percent growth in 2004.
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Beijing raised its estimate of the 2006 growth rate from 10.7 percent to 11.1 percent, moving China closer to overtaking Germany as the worldâs third-largest economy.
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WASHINGTON -- The International Monetary Fund on Wednesday raised its outlook for Russia&#39;s economy but warned Moscow to resist spending the extra oil revenues it has received as a result of record energy prices.
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The OECD is increasing its forecast for European economic growth in 2006, as recovery is well under way.
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The IMF was set up to promote global economic growth through international trade and financial stability. Has it achieved its aim?
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The outlook for India&#39;s economy was upgraded Monday by international credit rating agency Standard &amp; Poor&#39;s, despite rising inflation and insufficient monsoon rains that could slow growth.
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Exports help raise Q4 GDP to a stronger-than-expected 3.5%
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As Rodrigo De Rato prepares for his first annual meeting as managing director of the International Monetary Fund in early October, he could be forgiven for feeling pleased with the shape of the global economy.
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Global finance chiefs on Saturday  made progress on reforms that would give emerging economies a  greater say in the International Monetary Fund and expressed  confidence they could seal a deal next year.
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The World Bank said that developing countries are seeing their strongest economic growth in three decades -- and strong growth is likely to continue for the next two years.