The International Monetary Fund says the global economy is expanding slower than it expected and has trimmed its projections for this year and next.
The Washington-based agency said Tuesday it now is predicting global growth of 3.1 percent this year and 3.8 percent in 2014. Both figures are down two-tenths of one percent from IMF’s April predictions.
In its quarterly review of the world economy, the IMF said its declining forecasts stem from “continuing growth disappointments” …
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