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IMF: Global Economy to See Lowest Post-War Growth

HeadlineJan 29, 2009

The debate over the stimulus package comes as the International Monetary Fund has warned the global economy will see its lowest growth since the Second World War.

IMF Chief Economist Olivier Blanchard: “We expect the global economy to come to a virtual standstill in 2009. There are important differences across countries. In the advanced economies, we basically forecast the sharpest contraction in the post-war period.”

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