SINGAPORE – Singapore said State recession due to the worst global economic crisis that had clung State Lions began the end.
These data indicated the existence of the Singapore economy to grow throughout the second quarter, within three months to September.
Official data released Thursday showed the local time of the gross domestic product (GDP) to 14.2 [...]
Singapore Claims Economic Crisis Ends
IMF Fix The World Economic Growth Projections
International Monetary Fund (IMF) made a positive revision of the projection of the world economy in 2009 and 2010. Revision of economic growth in China and the ASEAN 5 countries, including Indonesia, became the highest in the world.
It is quoted from the IMF World Economic Outlook, which quoted, Thursday (1/10/2009).
Projection of world economic growth in [...]
IMF: Impact of crisis felt Seven Years
The International Monetary Fund (IMF) stated that the impact of the global financial crisis will interfere with economic growth for at least the next seven years. The IMF also recommends structural reforms to reduce the damage.
“Typically the banking crisis has long-term impact on the level of economic output, although growth eventually recover. The low employment, [...]
