5  See Board of Governors of the Federal Reserve System, Division of Banking Supervision and Regulation (1995), “Rating the Adequacy of Risk Management Processes and Internal Controls at State Member Banks and Bank Holding Companies,” Supervision and Regulation Letter 95-51 (SUP) (November 14).
– the IMF reduced its global growth projection for 2009 to 3.0 per cent, lower, to be sure, than the earlier forecast, but still a fairly robust rate. In January of this year, the IMF again reduced its growth forecast for 2009, this time to 0.5 per cent. Several weeks ago, the IMF released a new forecast.