IMF says global economy to grow 3.9 per cent in 2010 | business | Hindustan Times
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IMF says global economy to grow 3.9 per cent in 2010

The International Monetary Fund said on Tuesday that the global economy was poised to grow more strongly than previously anticipated this year, by 3.9 per cent.

business Updated: Jan 26, 2010 22:09 IST

The International Monetary Fund said on Tuesday that the global economy was poised to grow more strongly than previously anticipated this year, by 3.9 per cent.

The IMF said the growth forecast was 0.8 per cent higher than the 3.1 per cent estimated four months ago, with sluggish recovery in advanced economies offset by "relatively vigorous" growth in emerging and developing economies.

"The global recovery is off to a stronger start than anticipated earlier but is proceeding at different speeds in the various regions," the IMF said in an update of its October World Economic Outlook report.

The United States, the world's largest economy, was expected to post growth of 2.