The International Monetary Fund will release the latest data on the global economic outlook on Tuesday.
The draft report says the IMF will cut the growth expectation of the US economy in 2013 to 1.7 percent from the original 2 percent. The report will also decrease the world economy growth expectation 0.1 percent to 3.4 percent. While in Japan, the pace of growth this year is forecast to reach 1.5 percent, up from the IMF outlook of 1.2 percent in January. The IMF predicts the momentum of growth in emerging economies will be strengthened. Meanwhile, it also warns that some of the economies in Latin America may fall into a crisis-like situation.