Economy

IMF Says Rich Countries to Propel Global Economy Forwardi
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Mil Arcega
April 09, 2014 11:27 PM
The International Monetary Fund says the global economy is strengthening but warned of rising risks in emerging economies. The acceleration has been mainly fueled by stronger growth in advanced economies like the United States and the United Kingdom, but the IMF says developing nations have not fared as well. That’s particularly true in Russia, Brazil and South Africa - where growth is likely to be slower than the IMF’s previous forecasts. Mil Arcega has more for VOA.

IMF Says Rich Countries to Propel Global Economy Forward

Published April 09, 2014

The International Monetary Fund says the global economy is strengthening but warned of rising risks in emerging economies. The acceleration has been mainly fueled by stronger growth in advanced economies like the United States and the United Kingdom, but the IMF says developing nations have not fared as well. That’s particularly true in Russia, Brazil and South Africa - where growth is likely to be slower than the IMF’s previous forecasts. Mil Arcega has more for VOA.


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