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  • A US stimulus package in the order of the $2.2 trillion CARES act approved in March would increase growth by two percentage points next year, the IMF's chief economist told AFP on Tuesday. Gita Gopinath said in an interview that such a big jump over the 3.1 percent GDP rise currently forecast for the world's largest economy "will bring the US much more quickly back to pre-crisis levels" in 2021 rather than 2022. And the gain would have "significant benefits for the world" as well, especially for US neighbors Canada and Mexico. hs/ft
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  • Major stimulus would boost US growth 2 points in 2021: IMF economist to AFP
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