Showing posts with label IMF's global economic growth. Show all posts
Showing posts with label IMF's global economic growth. Show all posts

Monday, October 03, 2011

IMF Sees Higher Risks to Global Growth

A further slowdown in the U.S. economy and a deterioration in the euro-zone debt crisis pose potential risks to , which remains weak three years after the global financial crisis, a senior International Monetary Fund global economic growth official said Monday.

Deputy Managing Director Zhu Min said downside risks to the IMF's global economic growth projections have increased "as of late." The IMF two weeks ago slashed its forecasts, predicting global growth will slow to about 4% this year and next year from 5% in 2010.