IMF President: Global economy recovers in first half of next year

The specific situation depends on the effectiveness of national stimulus plan according to the Xinhua news agency Cote Divoire, the International Monetary Fund's chief executive, Dominique Strauss-Kahn, 27th, said that despite some signs of recovery in the world economy, the International Monetary Fund still believes the global economy will not recover until the first half of 2010.　　Mr. Strauss-Kahn said in a media interview in Cote Divoire Economic capital Abidjan that even now some countries and regions may have signs of economic recovery, but the high unemployment rate in some countries is still "very worrying", he himself does not think the global economic recovery will come early.　　Mr Strauss-Kahn said the rise in the stock market does not necessarily mean that the economy is moving in the right direction, and he himself is "cautious" about the current global economic development situation.　　Mr Strauss-Kahn said in April this year that the world economy is expected to recover in the first half of next year if the economic stimulus program implemented in 2009 has a positive effect. The World Economic Outlook report, released by the International Monetary Fund in April this year, predicts that the global economy will fall 1.3% per cent this year, the worst recession since the Second World War, and that the global economy is expected to regain growth next year at a growth rate of 1.9%.