The International Monetary Fund sees the world economy contracting by between 0.5 and 1 per cent in 2009,Mananging Director Dominique Strauss-Kahn said in an interview published on Wednesday.
He said a recovery could come in the first two quarters of 2010.
“If … economic policies are appropriate,the recovery should come in the first two quarters of 2010,” he told Spanish newspaper El Pais.
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