MADRID, oct 8 (Xinhua) — The minister of Economy in features of Spain, Luis de Guindos, said today that the formation of a government with full powers in the next few weeks can boost the country’s economic growth above forecasts of 3.1 per cent in 2016 and 2.3 percent in 2017.
“I Am convinced that if there is a government that makes the issues reasonably well, it may be a shock, positive confidence,” said De Guindos to journalists following his participation in the annual meeting of the International Monetary Fund (IMF) and World Bank (WB) in Washington, according to reports disseminated in Madrid.
“The third quarter has gone very well, the employment data also and I think that we will grow above that forecast, which is also not a novelty,” added the minister in the press conference after the summit of the Group of 20 (G20) in the u.s. capital, which was held in parallel to the fall meeting of the IMF.
The minister of Economy functions pending the formation of a new government of Spain in the coming weeks, noting that in the markets there is a perception that it is possible to have an Executive with a stable put an end to the political uncertainty, following the two general elections in the country in less than a year.
the head of the portfolio of Economy also indicated that Spain “is the economy will grow this year between their fellow european”, in reference to the 3.1 per cent growth expected by the IMF, a figure which in your opinion is possible to be overcome.
De Guindos reiterated that Spain’s economic growth in 2016 has been “amazing”, however admitted that there are factors that point to a slowdown in 2017, especially related to the negotiations between the european authorities and british on the “Brexit”, the exit of the Uk from the European Union.
he Explained that the IMF forecasts that the british exit from the european bloc subtract 0.3 percentage points to the growth of Spain.
No comments:
Post a Comment