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Wednesday, January 25, 2012 08:56
The IMF recognizes that the global economy at risk
Washington / Baghdadiya News / .. Admitted to the International Monetary Fund that the global economy at risk as a result of the tensions that increase density in the euro area and the vulnerabilities in other parts of the world, which led to the deterioration of financial conditions, and thus the fund may decline in the prospects for recovery and growth.
And the International Monetary Fund said in its latest report to the global economic outlook and received the agency / Baghdadiya News / copy of it that "it is expected to break down the process of recovery in many economies due to slowing global economic system in reference to the slowing global economy."
Between the Fund and that the "most advanced economies seeking to avoid a relapse into recession, while the observed slowdown in emerging economies, stressing that the forecast calls for the intensification of the efforts of policy makers in the euro area in order to address the crisis.
The IMF said that "the most pressing challenge for policy is to restore confidence and put an end to the crisis in the euro area by supporting the growth and continue to adapt and to contain and reduce borrowing provide more liquidity and monetary easing."
And reduce the Fund's forecast for global economic growth this year to 3.25% rate of growth of 4%.
It also cut its forecast for growth of the fund economies of the euro zone, expecting that the German economy will grow by 0.3% in 2012. He added that the French economy will not grow more than 0.2%, keeping the previous forecast for U.S. economic growth in 2012 remained stable at 1.8, while lowering its forecast for growth of the Japanese economy to 1.7%.
He said the fund in his statement that "economic activity in developed economies will grow by 1.5% on average in 2012 and 2013, pointing out it will not happen a significant change in the proportions of high unemployment."
The IMF warned in its report that "the United States and other developed countries will not avoid the implications of risk if it worsened, necessitating the adoption of policies for the global economy avoid the potential risks". /
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The IMF recognizes that the global economy at risk
Washington / Baghdadiya News / .. Admitted to the International Monetary Fund that the global economy at risk as a result of the tensions that increase density in the euro area and the vulnerabilities in other parts of the world, which led to the deterioration of financial conditions, and thus the fund may decline in the prospects for recovery and growth.
And the International Monetary Fund said in its latest report to the global economic outlook and received the agency / Baghdadiya News / copy of it that "it is expected to break down the process of recovery in many economies due to slowing global economic system in reference to the slowing global economy."
Between the Fund and that the "most advanced economies seeking to avoid a relapse into recession, while the observed slowdown in emerging economies, stressing that the forecast calls for the intensification of the efforts of policy makers in the euro area in order to address the crisis.
The IMF said that "the most pressing challenge for policy is to restore confidence and put an end to the crisis in the euro area by supporting the growth and continue to adapt and to contain and reduce borrowing provide more liquidity and monetary easing."
And reduce the Fund's forecast for global economic growth this year to 3.25% rate of growth of 4%.
It also cut its forecast for growth of the fund economies of the euro zone, expecting that the German economy will grow by 0.3% in 2012. He added that the French economy will not grow more than 0.2%, keeping the previous forecast for U.S. economic growth in 2012 remained stable at 1.8, while lowering its forecast for growth of the Japanese economy to 1.7%.
He said the fund in his statement that "economic activity in developed economies will grow by 1.5% on average in 2012 and 2013, pointing out it will not happen a significant change in the proportions of high unemployment."
The IMF warned in its report that "the United States and other developed countries will not avoid the implications of risk if it worsened, necessitating the adoption of policies for the global economy avoid the potential risks". /
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