IMF expects economic recovery in 2010

Source: Beta Thursday, 01.01.1970. 15:55
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International Monetary Fund estimated today (December 18, 2008) that the US economy would recover at the beginning of year 2010.

IMF anticipates that the recovery will start at the end of year 2009.

The CEO of the Fund, Dominique Strauss-Kahn, said that the estimates were based on the belief that the crisis in US mortgage market hit the bottom and that the demand already reacted on fiscal stimuli.

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