Imf Views For 2009

This post was written by admin on December 21, 2008
Posted Under: General

The chief of the International Monetary Fund Dominique Strausskahn says that the situation of economic recovery is very unpleasant. The recession will be severe but a slow recovery is expected in 2010. G20 Summit decision of lending $750 billion is the main support provided for the pressurized countries. He also added that the new markets have got a bad thump due to a fall in the exports and stoppage of capital inflow.

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