IMF's Lagarde sees advanced economies up 1.6 pct in 2013
SANTIAGO Dec 16 (Reuters) - Advanced economies should grow a bit faster than expected next year, the International Monetary Fund's managing director said in an interview published on Sunday by Chile's La Tercera newspaper.
Christine Lagarde said advanced economies would grow 1.6 percent in 2013. That is higher than the IMF's last official outlook from October that said expansion for advanced economies hit by a fiscal crisis would be 1.5 percent [ID: nL1E8L8JK4].
She did not alter other estimates.
"The overall (global) outlook for 2013 is for growth of 3.6 percent on average. We believe emerging economies and low-income economies will expand 5.6 percent, while advanced economies will grow 1.6 percent," Lagarde said, according to the newspaper.
"We will see a slight improvement in relation to 2012," said the IMF chief, who was in Chile through Friday for an economics conference. For this year, the IMF expects a global economic expansion of 3.3 percent.
- Israel says shoots down Gaza drone as calls for truce mount |
- Six people injured when camera catches fire at 30 Rockefeller Plaza
- Exclusive: YouTube weighs funding efforts to boost premium content - sources
- Israel holds off on escalating Gaza barrage; West wants truce |
- Russia warns Ukraine after shell crosses border |