Voice of America: IMF Lowers Its Global Economic Prospects

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

IMF Lowers Its Global Economic Prospects Jul 10th 2013, 23:59, by webdesk@voanews.com (Mil Arcega) The International Monetary Fund has trimmed its outlook for the global economy. In its latest quarterly report, the IMF blamed the slowdown in part on what it called "continuing growth disappointments" in developing countries and a deeper than expected recession in Europe. The Washington-based agency said conditions are likely to improve as early as next year. The world's economy is not growing as fast as many had hoped. The IMF revised its global growth forecast in 2013 to just a bit more ... Media files: 1D2F3392-CC76-42F3-B78B-378CB7A6856F_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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