IMF提高全球经济预测 IMF Raises Worldwide Growth Forecast

17 July, 2008



The International Monetary Fund says soaring food and fuel prices will not hurt the global economy as much as officials initially feared. Today's (Thursday's) revised World Economic Outlook raises the IMF's growth forecast for the first time since July 2007. Just this past April, the IMF had warned there was a 25-percent chance of a global recession.

IMF officials say there is still a threat from inflation, which has become a big concern for both major industrial powers and emerging economies. Governments around the world have been tightening fiscal policies to fight rising consumer prices, which have been led by soaring food and fuel costs.