Middle East Economic Survey

VOL. LIII

No 5

1-Feb-2010

REGIONAL

IMF Revises Upward Its Forecasts For Economic Growth

Global economic recovery is stronger than anticipated but proceeding at different speeds in the various regions, said the International Monetary Fund (IMF) on 26 January. In a revision to the World Economic Outlook (WEO) published in October, the IMF expects world output in 2010 to rise by 4%, representing an upward adjustment of 0.75%. In most advanced economies, the...