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Saturday, September 5, 2009

IMF revises forecast upwards

Before this I've write about IMF says economy is recovering . Now in this news, The IMF has revised upwards its forecast for economic growth this year and next in major industrialised economies and worldwide, according to a document obtained by Reuters.

They forecast the world economy will shrink by 1.3 % in 2009, a shade less than its earlier forecast of 1.4 % contraction, before growing by 2.9 % in 2010, revised up from the 2.5% it expected in April 2009..

- Reuters

Not good news.. Hope our economy still growth..
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