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The Boston Globe

Business

IMF cuts estimate for 2013 growth

WASHINGTON — With economic leaders gathering in Washington for the World Bank and International Monetary Fund spring meetings this week, the fund has nudged down its estimates for world growth in 2013.

In a periodic update to its economic projections, the fund said Tuesday that it expected global growth of about 3.3 percent this year and 4 percent in 2014. That is a reduction of 0.2 percentage point since its January estimate for 2013; it did not change its estimate for next year’s growth.

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