IMF LOWERS FORECAST for GLOBAL ECONOMIC GROWTH (07/09/2013 - 7:02 pm)

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IMF lowers forecast for global economic growth
 

 

 

 

 

07/09/2013 - 7:02 pm

 

International Monetary Fund (IMF) cut its forecast on rates of growth of the global economy in the coming years, as it reconsidered in previous predictions on growth rates in Russia.

 

 

 

And came in the predict the New Event presented by Fund الثلاثاء July 9, that the and rates of the growth of the total output for the global economy the current year may not exceed 3.1% any will remain on the the same the level at which it was the past year, to rise up to 3.8% next year (In April / last April, Fund predicted to reach this indicator is 3.3% and 4%, respectively).

 

 

 

The Fund cut its forecast on the growth of the economies of most of the key players in the markets, in which he predicted GDP contraction for the euro zone by 0.6% this year and 0.9% next year (after the predicted 3 months ago not exceed 0.4% contraction and 0.8, respectively ).

 

 

 

The U.S. gross domestic product, the Fund, expect to reach 1.7% this year and 2.7% next year (1.9% and 2.9% in the previous forecast).

 

 

 

The Fund also cut expectations for China's economy to 7.8% this year and 7.7% next year (in April it was expected that China can achieve a growth rate of 8.1% and 8.3%).

 

 

 

As for Russia, he considered that the Fund and economic growth rates which will amount to 2.5% this year and 3.3% next year, knowing that he was expected to reach these tempos 3.4% and 3.8%, respectively.

 

 

 

 

THE LINK : http://www.burathanews.com/news_article_202318.html

 

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