imf report just out...worse than expected, page-4

Oct 07: IMF forecasts 2008 world growth of 4.75%
[http://www.imf.org/external/pubs/ft/survey/so/2007/res1017b.htm]

Actual 2008 world growth: 3.2%

Jul 08: IMF forecasts 2009 world growth 3.9%
Oct 08: IMF forecasts 2009 world growth 3%
Jan 09: IMF forecasts 2009 world growth 0.5%
Apr 09: IMF forecasts 2009 world growth -1.3%

Jan 09: IMF forecasts 2010 world growth 3%
Apr 09: IMF forecasts 2010 world growth 1.9%
[http://www.imf.org/external/pubs/ft/weo/2009/01/pdf/text.pdf]

Conclusion: They don't have a freakin clue!