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07.10.2016 | 17:00

IMF focuses on the low growth of the world economy

The International Monetary Fund has not changed its own forecasts.

The International Monetary Fund did not change the growth forecast for the world economy, but warned of three factors that can prevent the restoration of business activities in the world. This are growing protectionism, uncertainty related to the results of elections in the United States and "Brexit".

According to the Fund's estimates, in 2016 the global GDP will increase by 3.1% and in 2017 - by 3.4%. The Fund worsened the forecasts for the United States (for this year - from 2.2% to 1.6%, the next year - from 2.5% to 2.2%), at the same time it improved the forecast for the euro-zone (+1.7 in 2016 instead of +1.6% to +1.5% in 2017 instead of 1.4%).

According to the chief economist of the IMF Maurice Obstfeld, "low growth's trap", which hit the economy, has provoked a global political shifts.

Source: youtu.be
References in the article: imf, international monetary fund, world news
Author’s view expressed in this publication may not reflect the views of edition. StockWorld is not responsible for information contained in the publication.
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