International Monetary Fund cut its forecast for global economic growth next year

International Monetary Fund cut its forecast for global economic growth next year

17-07-2012 10:57 AM

Are free – Reduction of the International Monetary Fund on Monday, July 16 forecast of growth rates of the global economy next year from 4.1% to 3.9% in the continuing debt crisis in Europe that showed their negative impact on the growth of China and India.
as stated in the report issued by the Fund that experts to predict that the proportion of the growth of global gross domestic product this year, 3.5% instead of the 3.6% projected earlier.
and the International Monetary Fund is expected to increase gross domestic product in the United States by 2% this year and 2.3% next year, any lower than 0.1% of the forecasts announced last April.
As the European economy, it is expected to witness a decline in the current year by 0.3%, and in the next year by 0.7%.
and experts predict the IMF growth of gross domestic German by 1% in this year and 1.4% next year, which means better predictions earlier in 2012 to 0.4%, and reduced for next year by 0.1%.
The growth prospects of the French economy, it has been reduced by more (0.1% in the current year to reach 0.3%, and 0 0.2% in the next year to reach 0.8%).
and expectations of Italy remained unchanged. As before and is expected to witness the country’s economy declined by 1.9% in 2012 and 0.3% in 2013.
Fund and indicates in his report to the decline in gross domestic product of Spain by 1.5% this year (0.4% better than the previous forecast), and 0.6% in the year next (worse than Altoqat the previous 0.7%).
also reduce the Fund’s expectations regarding the growth of the British economy which is expected to be at the level of 0.2% and 1.4% this year and next, respectively.
and International Monetary Fund expects economic growth in Japan will be 2.4% % this year and 1.5% in 2013.
and reduce the experts in the report their expectations about economic growth in China (from 8.2% to 8% this year and 8.8% to 8.5% next year), India (from 6.8% to 6.1% this year , and 7.2% to 6.5% in 2013).
and remained Brazil among the few countries that show Experts cautiously optimistic about the growth of its economy, where they raised their expectations for next year by 0.5% (to reach the growth rate to 4.6%), despite the reduced expectations of the current year (from 3.1% to 2.5%).
and kept the expectations of experts on the Russian economy in the current year to its previous level of 4%, with reduction to the extent of 3.9% next year.
Source: ahraraliraq