The International Monetary Fund (IMF) reports Asia will continue to lead global economic growth over the next two years even as the region grapples with risks including inflation, turmoil in the Middle East and the effects of Japan’s tsunami.

Robust growth will be driven by economic powerhouses China and India. The IMF forecasts China’s economy will grow 9.5 percent while India will expand about 8 percent over the next two years.

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The world’s eyes and ears are tuned to the recent deliberations, discussions and declarations of the 2009 G-20 Summit taking place right now in the David Lawrence Convention Center, Pittsburgh-Pennsylvania, United States.

This is the second G-20 summit held in 2009, the first G-20 summit was held in London last April. In this summit, the previously discussed policies dealing with the global financial recession will be evaluated, new measures might be proposed to stimulate the world’s economy, among which is the radical reformation of the International Monetary Fund.

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