The IMF raises its global growth forecast to +4.6% this year vs. an April projection of +4.2%,...

|By:, SA News Editor

The IMF raises its global growth forecast to +4.6% this year vs. an April projection of +4.2%, on stronger-than-expected H1 growth. However, financial markets continue to threaten the global recovery, and the IMF expects growth to slow, leaving 2011's forecast unchanged at 4.3%.