Update 2: IMF Predicts Strongest Growth in 3 Decades
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The world economy this year should post its best growth in three decades even though oil prices are up sharply and economic activity in the United States probably will be slower than previously thought.
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The outlook for the Japanese economy this year is &quot;strong&quot; and ensuring it remains so is one of main contributions that Japan can make to exchange rate stability and the world economy, IMF chief Rodrigo de Rato has said.
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The International Monetary Fund expects Bulgarian gross domestic product to grow by 5.3 percent in 2004, the organization said Thursday.
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Mexico&#39;s economic activity, after three years of weakness, has strengthened and become more broadly based, the International Monetary Fund said on Thursday, and it urged the country to save more of its oil windfall.
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The forecast came as the U.S. revised upward its estimate for third-quarter gross domestic product growth to a robust 3.9 percent from 3.7 percent.
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The threats posed by inflation and  unbalanced trade and capital flows point to testing times ahead  for the global economy, IMF chief Rodrigo Rato said on Friday.
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The global economy should register its strongest growth in three decades in 2004 despite soaring oil prices, which are expected to restrain the US expansion a bit, the International Monetary Fund said Wednesday.
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Robust consumer spending on cars,  furniture and food helped power U.S. economic growth forward in  the third quarter at a faster pace than previously thought, the  government said on Tuesday, while underlying inflation was the  tamest in decades.
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Australia&#39;s real gross domestic product (GDP) is projected to grow by about 3.75 percent in 2004 and medium-term prospects remain favorable, the International Monetary Fund (IMF) said Monday.
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The UK economy will grow by 2.9% this year, although interest may need to rise further, the IMF forecasts.
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On Tuesday, the Organization for Economic Cooperation and Development (OECD) lifted its forecasts for the world largest economiesâ growth.
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The International Monetary Fund revises up its global growth forecast because of growth in China, India and Russia.
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WASHINGTON : The world economy, powered in part by China, will grow this year at its briskest pace in almost three decades - five percent - before losing steam in 2005 in the face of higher oil prices, the IMF said on Wednesday.
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The global economy is doing better than for years as red-hot Chinese growth combines with comebacks by Europe and Japan to offset a U.S. slowdown, the Organization for Economic Co-operation and Development said on Thursday.
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The International Monetary Fund (IMF) says that the Jamaican authorities have succeeded in stabilising the economy and restoring market confidence - after last year&#39;s foreign currency instability - but warns that the huge public debt remains an area of ...
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Brazil&#39;s government got a big boost Friday when the new head of the International Monetary Fund praised its economic policy and economists raised their growth forecast for the continent&#39;s largest economy.
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The International Monetary Fund warned Wednesday that rising oil prices and interest rates were hampering global economic growth, but the US government said the American economy was stronger than it had estimated earlier.