IMF says global economic outlook amid pandemic better than June prediction

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WASHINGTON (AFP) - The global economic outlook is less bleak than projected in June, an International Monetary Fund (IMF) spokesman said on Thursday (Sept 24), hinting that the organisation's forecasts for growth will be raised next month.. Read more at straitstimes.com.

WASHINGTON - The global economic outlook is less bleak than projected in June, an International Monetary Fund spokesman said on Thursday , hinting that the organisation's forecasts for growth will be raised next month.

The IMF is set to update its global outlook on Oct 13, though Mr Rice did not reveal details about the new projection. Economists also fear that a second wave of infections could damage growth. Governments including Britain and France have reinstituted some restrictions in recent days, although on a much more limited scale than earlier in the year.

 

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