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Global economy may be turning around from stagnation: IMF

Inflation is expected to rise from last year's 0.8% in the case of advanced economies to 2% this year; in emerging and developing economies, it is set to go up from 4.4% to 4.7%.


THE global economy seems to be gaining momentum and could be at a point where it is ready to shake off the decade of sluggishness that has prevailed since the 2008 global financial crisis, the International Monetary Fund (IMF) suggested on Tuesday.

Its flagship World Economic

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