IMF, World Bank & IFI Round-Up

    International Monetary Fund (IMF) managing director Dominique Strauss-Kahn said the world's advanced economies – the US, Western Europe and Japan – are already in depression, and that the IMF could slash its global growth forecasts further. The IMF managing director made the comments to reporters after a speech at the South East Asian Central Banks (SEACEN) Governors' Conference in Malaysia.

    About the author

    • Devex Editor

      Thanks a lot for your interest in Devex News. To share news and views, story ideas and press releases, please email editor@devex.com. We look forward to hearing from you.