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IMF downwards the growth forecasts of the world

Posted On 21 Jan 2015

Dominique Strauss-Kahn,

The institution directed by Christine Lagarde indicated that the world will grow less than they had estimated in October, when even then, expectations had already been lowered with relation to the previous ones.

The global growth for 2015 is expected to be between 3.5% and 3.7%, three tenths less than estimated three months ago.

According to the IMF, Latin America will grow in 2015 the half of the advanced countries. The US GDP would increase by 3.6% this year and 3.3% in 2016.

The IMF Chief Economist, Olivier Blanchard, said that the low price of oil and the dollar’s appreciation have influence in the global growth.

 

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