IMF predicts 3.6% growth, but jobless rate will stay high
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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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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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VIENNA, Austria -- 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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Pakistan&#39;s economy is set to grow more than 6 percent this fiscal year, despite the threat of inflation, a weakening currency and pressure on its balance of payments, a World Bank official said Monday.
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WASHINGTON (CBS.MW) -- The global economic outlook that looked strong in April is starting to fray around the edges, according to an International Monetary Fund report released on Wednesday.
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THE International Monetary Fund forecast yesterday a substantial jump in economic growth in sub-Saharan Africa this year and next, saying the outlook for the region was better than in years.
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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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Rising oil prices are unlikely to deal a major blow to global economic growth although the trend may seem &quot;uncomfortable,&quot; a researcher with the International Monetary Fund says.
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WASHINGTON - 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 yesterday.
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Treasury Secretary tells IMF that economic outlook is bright but &#39;cannot rest on our laurels.&#39;. WASHINGTON  - Treasury Secretary John Snow said Saturday the outlook for global economic growth is good
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The world economy is headed for its strongest expansion for three decades but simmering inflation, sky-high oil prices and rising interest rates pose growing dangers, the IMF said.
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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 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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IMF forecasts U.S. growth will slow, but experts note world economy increasingly resists spillover.
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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.
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World growth in 2005 could be lower than the 4.3 per cent forecast by the International Monetary Fund (IMF) a month ago because of high oil prices, its deputy managing director Agustin Carstens said on Monday.
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The Organization for Economic Co-operation and Development (OECD) predicts global economic growth to be at 3.6% in 2004. The OECD lowered its forecast in the wake of a rise in oil prices and drop in consumer confidence.