(EnergyAsia, May 18, Monday) — The global crisis has hit Asia hard, and economic recovery will not take place before mid-2010, the International Monetary Fund (IMF) said today in its latest report on the Asia Pacific region. The IMF said that Asian growth will decelerate to 1.3% this year before rebounding to 4.3% in 2010,…
ASIA: IMF predicts sustained economic recovery will not take place before mid-2010
Posted on May 17, 2009 by EnergyAsia