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'Global economy to grow 3.9%'

Washington - The International Monetary Fund said on Tuesday the global economy was poised to grow more strongly than previously anticipated this year, by 3.9%.

The IMF said the growth forecast was 0.8% higher than the 3.1% estimated four months ago, with sluggish recovery in advanced economies offset by "relatively vigorous" growth in emerging and developing economies.

"The global recovery is off to a stronger start than anticipated earlier but is proceeding at different speeds in the various regions," the IMF said in an update of its October World Economic Outlook report.

The United States, the world's largest economy, was expected to post growth of 2.7% in 2010, a sharp 1.2% increase from the prior forecast.

- Sapa

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