IMF says UK economy is on the mend; Fund forecasts real GDP growth of 2% in 2011 and supports the fiscal tightening program
Sep 27th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The IMF said today that the UK economy is on the mend. Economic recovery is underway, unemployment has stabilized, and financial sector health has improved. The Fund forecasts real GDP (gross domestic product) growth of 2% in 2011 and supports the fiscal tightening program.