IMF’s Latest Global Growth Projections

Once again, IMF admits its earlier forecasts were off the mark:

http://www.imf.org/external/pubs/ft/weo/2015/update/02/pdf/0715.pdf

Compare July 2015 forecast (above link) with January 2015 forecast:

http://www.imf.org/external/pubs/ft/weo/2015/update/01/pdf/0115.pdf

A previous post on over-optimistic growth forecasts:
http://vivekjayakumar.blogspot.com/2014/08/official-economic-forecasts-will-they.html