Recession is here to Last Longer says IMF
Thu, 16 Apr 2009 15:10:42 -0700
International Monetary Fund has warned that the current global recession may last longer than anticipated. The adverse effects are severe and the recovery is extremely sluggish and slow. IMF has predicted that this global economic crisis is the first of its kind in 60 years and the world economy is on the decline by almost 0.5 percent to 1.0 percent this year. IMF will soon release of the country wise prediction next week. The current slowdown is that of a synchronized nature, wherein multip
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