Releasing an update of its April World Economic Outlook on Wednesday, the International Monetary Fund has projected a slightly improved economic forecast for the global economy, thanks to the macroeconomic and financial policies said the IMF.
According to the IMF's latest forecast, the world's economic growth during the 2009–2010 period is now projected to be 0.5 percentage points higher than that projected in the April 2009 World Economic Outlook, reaching 2.5 percent in 2010. Although the global economy is beginning to pull out of the worst recession of the post war period, the IMF also warns that the recovery will be uneven and sluggish.
Link to the IMF article.
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