IMF Optimistic on World Economic Growth
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The International Monetary Fund says the world economy is growing at the fastest past in three decades, but in its semi-annual report the international lender says growth is likely to slow in 2005.
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The International Monetary Fund warns that rising oil prices might slow down worldwide economic growth.
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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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With the global economy under threat from rising oil prices and sharp regional growth differences, the International Monetary Fund appealed to governments to act boldly to preserve a worldwide recovery.
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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 developing countries will enjoy the strongest economic growth in three decades this year and should continue to enjoy solid expansion in 2005 and 2006, the World Bank predicted on Tuesday.
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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 economies of sub-Saharan Africa, home to some of the most extreme and pervasive poverty in the world, will grow at a healthy pace next year, International Monetary Fund economists said yesterday.
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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 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 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 head of the International Monetary Fund says the world economy is at its strongest point for five years.
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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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Australia's economy is well positioned to ride out the turbulence in world financial markets and will grow around 4.4 percent this fiscal year, the International Monetary Fund said Thursday.
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Developing nations are this year set to record their strongest economic growth since 1974, the World Bank says.
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The recent jump in world oil prices has cast a cloud over the global economic recovery, the International Monetary Fund says. The Washington-based watchdog said world growth was expected to be the strongest
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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.