The IMF has projected a global growth of 3.9 percent in 2010, thanks to better-than-expected recovery but warned that stimulus was still needed to support the recovery.

The fund’s latest World Economic Outlook report also said the pace of recovery is not the same worldwide with advanced economies lagging behind and depending on governmental stimulus measures while emerging and developing economies enjoy relatively vigorous growth.

The US, the world's largest economy, is expected to post a GDP growth of 2.7 percent in 2010 while developing Asian economies could grow by 8.4 percent this year and
in 2011.

China , a massive engine of the global recovery, is likely to see a growth of 10 percent this year while the projection for Japan , Asia ’s second-largest economy, is 1.7 percent.

The 16-nation ‘euro-zone's’ GDP was set to expand 1.0 percent, up from the prior 0.3 percent estimate.

UN economists noted that huge economic stimulus packages provide impetus for Asian economies to achieve a speedy recovery.

Unemployment, budget deficits, loans and high-end petrol prices remain threats to the recovery, said the IMF./.