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 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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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 and UN paint a bright picture of economic growth and political stabilisation in Iraq for the near future.
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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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CALGARY, Alberta  - The global economy continues   to grow briskly but the risks of an economic downturn have   increased since April, the head of the International Monetary   Fund Rodrigo Rato said on Friday.
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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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China, having surprised the world 10 days ago with its first interest rate rise in nine years, took another unusual step last week by publishing for the first time the annual report on its economy by the International Monetary Fund.
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The International Monetary Fund on Monday praised Uzbekistan&#39;s economic progress in 2004, in a surprise joint statement with the Central Bank after several years of strained relations.
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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 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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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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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.
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Mexico and Brazil, Latin America&#39;s largest economies, will expand faster than expected this year because of increased exports and stronger spending by domestic consumers, the International Monetary Fund said.
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The gross domestic product, the broadest measure of economic output, grew at a 3.3 percent annual rate in the second quarter, the Commerce Department reported yesterday, revising its earlier estimate of 2.8 percent.
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The developing countries will enjoy the strongest economic growth in three decades this year andshould continue to enjoy solid expansion in 2005 and 2006, the World Bank predicted on Tuesday.
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Global financial markets are stronger and more resilient than at any time since the stock market bubble burst in the late 1990s, the International Monetary Fund said Wednesday.