Wilson PonIMF Expected to Have an Economy Recovery By 2010
October 5th 2009 08:18
International Monetary Fund (IMF) had announced that the worldwide economic growth rate is going to recover to 2.5% in 2010, which is much better in this horrible 2009!
Based on the detailed analysis of IMF, the global economy is expected to contract at least 1.5% to 2.0% in 2009.
In U.K., the British economists predicted that the U.K. economy is going to be in negative statistic, which is ranged from 0.1% to 4.2%. Although 2010 would be a recovery year for most of the countries, however U.K. might still in a very tough situation, as it might be contracted at least 0.4 percent of its total GDP!
In the other hand, the World Bank has a different opinion with IMF, which they thought the Global economic growth rate is projected at -2.6 percent in 2009 and 1.7 percent in 2010.
They’ve confident that the world’s economy would be fully recovered before the end of 2010!
Based on the detailed analysis of IMF, the global economy is expected to contract at least 1.5% to 2.0% in 2009.
In U.K., the British economists predicted that the U.K. economy is going to be in negative statistic, which is ranged from 0.1% to 4.2%. Although 2010 would be a recovery year for most of the countries, however U.K. might still in a very tough situation, as it might be contracted at least 0.4 percent of its total GDP!
In the other hand, the World Bank has a different opinion with IMF, which they thought the Global economic growth rate is projected at -2.6 percent in 2009 and 1.7 percent in 2010.
They’ve confident that the world’s economy would be fully recovered before the end of 2010!
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