INDIA’S GROWTH TO RECOVER TO 5.9 PER CENT IN 2013, SAYS IMF
MODEST IMPROVEMENT IN WORLD ECONOMY OUTSIDE EURO
2013-01-23 12:55
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Striking a hopeful note, IMF sees a “gradual strengthening” of global economy in the new year, as constraints on economic activity “start to ease”, and projects global growth at 3.5 per cent in 2013 from 3.2 per cent last year. In a New Year update, IMF, however, maintains broadly its earlier forecasts except in the euro area where mild recession will continue into 2013.