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Friday, 27 July 2007


IMF: Global Growth Seen at 5.2 pct in 2007

The global economy continued to expand at a brisk pace in the first half of 2007, according to the July update of the IMF's World Economic Outlook (WEO).

"Emerging market countries have led the way, with China growing by 11½ percent in the first half of 2007, and India and Russia also growing very strongly," Charles Collyns, Deputy Director of the IMF's Research Department, told reporters on July 25. Read more...

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