The IMF expects a slight rise in the global economy – Clarín.com

In its global growth forecasts for 2016 and 2017, the International Monetary Fund (IMF) downgraded yesterday slightly its forecasts and warned of the negative consequences of a “Brexit” before a departure from the UK of the European Union .

The IMF lowered its forecast to 3.2% global growth for 2016 and 3.5% for 2017, which represents a downward revision of 0.2 and 0.1 percentage points, respectively, compared with its January forecast.

In 2015, the world economy grew by 3.1%. “Growth continues, but at a slow pace that leaves the world economy more exposed to risks,” the IMF warned in its “World Economic Outlook” released yesterday in Washington.

For Maurice Obstfeld, research director of the IMF, to support global growth is “required a threefold approach based on monetary and structural policies, fiscal”.

The growth in advanced economies will remain “modest”, with growth of 1.9% in 2016 and 2.0% in 2017. US is expected to grow by 2.4% 2016, the same rate as in 2015 and 2.5% in 2017.

the Fund warns in its report that in the euro zone, “low investment, high unemployment and a balance weak financial affect growth, which will remain a modest 1.5% this year and 1.6% next year. ” This represents a reduction of 0.2 and 0.1 percentage points from its January forecast.

Within the euro area highlights the Spanish economy will grow 2.6 percent in 2016 and 2.3% in 2017, despite the economic uncertainty that exists in the country, that is with a government office in December and waiting to know if the elections will be redone if they fail to form a coalition government.

The IMF forecast for Spain in 2016 exceeds the average growth in the eurozone (1.5%) and growth rates of the United Kingdom (1.9%), Germany (1.5%) , France (1.1%) and Italy (1.0%).

The IMF warns that the referendum to be held in late June in the UK on their stay in the European Union (EU) “has created uncertainties for investors.” “A ‘Brexit’, that is a way out of the UK, could cause severe economic damage regional and global,” says the Fund.

The IMF report also predicts growth of emerging economies and developing countries will be modest compared to 2015, and it will grow by 4.1 percent this year and 4, 6 percent in 2017. This represents a reduction of 0.2 and 0.1 percentage points from its January forecast