IMF: Economic outlook better than June forecast

WASHINGTON, D. C.; The global economic outlook is less bleak than projected in June, an IMF spokesman said Thursday, hinting that the organization’s forecasts for growth will be raised next month.

“Recent incoming data suggests that the outlook may be somewhat less dire” than projected in the Washington-based crisis lender’s World Economic Outlook published in June, spokesman Gerry Rice told reporters, nothing that “parts of the global economy (are) beginning to turn the corner.”