IMF sees weak economic recovery


WASHINGTON:The global economy is set to slowly pull out from its worst recession in six decades, the IMF said, and world leaders aim to help the recovery with a breakthrough in stalled trade talks.

The International Monetary Fund forecast a slightly steeper 1.4% global contraction in its latest outlook than in the previous April edition, but saw 2.5% growth next year, stronger than the 1.9%predicted earlier.

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