Tue, 18 Dec 2012 17:15:13 GMT
Developed countries to expand faster in 2013: IMF's Lagarde
Advanced economies will beat analysts' expectations made earlier in October, when they are projected to grow at a faster pace in 2013 together with better performance of the global economy, the Managing Director of the International Monetary Fund said on Sunday. Developed countries will expand 1.6%, compared to a 1.5% growth initially projected, while the global economy will rise at a rate of 3.6%