SUBSCRIBE TO OUR FREE NEWSLETTER
PUBLISHED |

IMF forecasts global economic recovery

IMF forecasts global economic recovery article image

International Monetary Fund (IMF) chief executive Dominique Strauss-Kahn said he believes the global economy will recover in the first half of next year. In a news conference in Austria over the weekend, Strauss-Kahn predicted we will see a recovery in the "first semester of 2010, and the beginning of the turning point in October, November or December this year". He said the recovery will depend on the banking sector, and that there will be no upturn if the bank’s balance sheets aren’t fixed.

Tags

Leave A Comment

Spinning icon Saving your comment, please wait...
Spinning icon Saving your comment, please wait...