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To: Wildstar who wrote (7592)10/4/1998 9:57:00 PM
From: Joseph G.  Read Replies (1) | Respond to of 86076
 
<<IMF warns world economic outlook has worsened

WASHINGTON, Oct 4 (Reuters) - The International Monetary Fund said on Sunday the global economic outlook had seriously worsened in recent months and urged member nations to do all they could to restore market confidence and boost growth.

''The outlook for the world economy has worsened considerably ... with a scaling down of prospects for growth of output and trade,'' the IMF's Interim Committee, the fund's policy-making forum, said in a statement.>>