The IMF predicts the world economy is beginning to emerge from recession
Source: Internet
Author: User
Reporter: Liu Hongliulina Washington International Monetary Fund 8th, the World Economic Outlook Update report predicts that the world economy is beginning to emerge from the worst recession since the Second World War, but the recovery will be slow and weak. The world economy is stabilising, thanks to unprecedented macroeconomic and financial policy support, and the world economy is expected to shrink by 1.4% this year, slightly worse than the 1.3% forecast for April this year, and a 2.5% per cent increase in the world economy next year, 0.6% from April. The report also predicts that the U.S. economy will shrink 2.6% this year and grow by 0.8% next year, with growth of 7.5% and 8.5% per cent for the Chinese economy this year and next, up 1% from its original estimate. The International Monetary Fund also predicts that China's growth rate will be 7.5% this year and 8.5% next year.
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