The International Monetary Fund may this week trim its global growth forecast because of the situation in emerging countries, IMF chief Christine Lagarde told a conference on Sunday.
“We had a growth forecast of about 3.3 per cent,” Lagarde said, referring to the fund’s forecast for 2013.
“But I fear that considering what we are seeing now in emerging countries in particular – not developing countries and low-income countries but emerging countries – I fear that we might be slightly below that,” she told an economists’ conference in the southern French city of Aix-en-Provence.
Lagarde said she would not give specific numbers because the Fund would officially publish the data this week.
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