The global financial crisis has so
damaged potential economic growth that it won't likely return to
pre-crisis levels - at least, not in the medium term, the IMF
said Tuesday. Boosting growth "must be a priority" for
countries, it added in its World Economic Outlook which came as
Italy discussed its budget plans and outlook for 0.7% GDP growth
this year. Meanwhile, the IMF said that in advanced economies,
the growth potential has fallen from slightly less than 2% in
the 2006-2007 era to about 1.5% in 2013-2014.
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