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Washington Today

Despite Sputtering Global Economy, Developing Nations’ Growth Potential High

  • VOA Khmer

The International Monetary Fund hints it may cut global growth forecasts again this month when it updates its projections for the world economy. The global lending institution says worldwide growth is weaker than expected due to continuing uncertainty in Europe and the U.S. But while many agree the global recovery has been weak, some economists point to the rising number of automobiles in developing countries as a sign that the world’s economy is moving in the right direction. Mil Arcega has more.