The International Monetary Fund raised its projections for global growth this year to 4.6% from the previous estimated of 4.2%, as this marked the biggest estimates since 2007. Although the economic recovery projections are higher than previous projections which were in April, yet the recovery remains at risk from the fiscal position of economies.

The U.S. and Canada, are the nations that are supporting to end the worst economic and financial recession since WWII.