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October 11, 2017

World economy is picking up

WASHINGTON (AP) — The International Monetary Fund says the world economy is picking up momentum.

The IMF expects global economic growth to register 3.6 percent this year and 3.7 percent in 2018 — both up 0.1 percentage point from the lending agency's previous forecast in July. The forecasts for both years would mark the fastest global growth since 2011. The world economy expanded 3.2 percent in 2016.

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