Developed economies to grow by 1.6% in 2013: Lagarde
2012-12-17 18:57:28
IMF chief Christine Lagarde upwardly revised the Fund's estimate of economic growth among developed nations, which she said would increase by 1.6 per cent next year, up from an earlier estimated 1.5 per cent.
She told Chile's La Tercera newspaper that developing countries should grow by 5.6 per cent, while the global economy is expected to expand by 3.6 per cent.
"So 2013 will be a little better than 2012," the Chilean daily quotes her as saying.
Lagarde was in Chile on Thursday and Friday for a visit that included a meeting with Chile's President Sebastian Pinera.
She also took part in a meeting of the Community of Latin American and Caribbean States