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The International Monetary Fund forecasts economic growth this year of 3.5%, up from 2.2% in 2014.
Meanwhile, the International Monetary Fund forecasts India's GDP to grow by 7.5% in 2015-2016.
The International Monetary Fund forecasts that countries in the euro zone will suffer a deeper recession than the United States.
The latest International Monetary Fund forecasts for the world economy have revised up British growth to 2.9% this year.
Meanwhile in Hungary, the International Monetary Fund forecasts a contraction of 6.7percentt, with some economists estimating even worse.
Power grab Gang Länder Lessons from Lagarde ReprintsThe fund forecasts a deeper-than-expected recession in the euro zone this year, and slow growth in 2014.
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That is 0.2 percentage points lower than the Washington-based fund forecast in April.
The fund forecast that global growth would slow to 4.2% in 2011, and warned that recovery remained fragile.
The International Monetary Fund forecast on Monday that the French economy would expand 0.4 percent in 2013, after 0.1 percent this year.
In April 2009 the International Monetary Fund forecast that inflation in that year would be -0.2% for advanced economies.
The Bank of Italy has said that the country's economy is expected to shrink 1.5 percent this year, while the International Monetary Fund forecast that it would contract 2.2 percent.
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