IMF projects global growth of 2.9% by 2010

Agency's director general, Dominique Strauss-Kahn said the global economy is emerging from the worst financial and economic crisis of the postwar period.
The International Monetary Fund (IMF) has revised upwards its forecast for gross domestic product (GDP) in 2009 and 2010, according to a document seen by Reuters.

Now, the IMF projected that world economy will shrink by 1.3% in 2009, against a previous estimate of a fall of 1% and that in 2010 will grow by 2.9%, an upward revision from the calculation previous +2.5%.