The global economy does it is “better than fear”, says the Maximese chief of IMF
On the front of the International Monenary Fund’s (IMF) Cololino World Economic Outlook, which will be released during the MFF and World Bank Meetings, Director The Krissalina Georgieva has brought the speedy test of the country.
Talking to the Wilbenian Institute in Washington, The IMF head said the World Economy confirmed that it was more motivated than the great shock.
“How does the world economy face? A short answer: It is better than fear, but it is much worse than we need,” said Georgieva.
“When we met in April, many experts – not we – predict the deterioration of US economy in a nearby country, of the global shock.
“As for us World Economic View We will explain next week, we see the global growth slowly next to this year. All signs point to the global economy that often tolerates acute acutes from a lot of chasing. “
Georgieva said the stability was under four …
Advanced of Basic Policy: In many parts of the world, ongoing efforts has led a reliable financial policy, local financial markets, and immediate financial measures, and the funny financial decisions to reduce the near future scars.
Fitness of Independent Companies: Independent Corporate Sheets are generally firm after years of strong interest, Reflexes after the dried shock after shock, the artificial intelligence is facing the challenge and receives the opportunity.
The hardest consequences payable is harder than at first fear: Shock has never been as big as announced at the beginning. The US rate of US weight has fallen from 23 percent in April to 17.5 percent now – it is higher than ever. The US efficiency of the US is now far away from the rest of the world, which held this year, with very few cases for revenge. The world protects the Tit-For-Tat Slide in Trading war – so far.
Supported financial situations: He was shot in hopes about the ability to improve AI, the Global Equity prices win. This, as well as strong risks range, leaving the financial markets are usually open – and the dollar slide at the beginning of this year provides non-dollars.
Georgieva said IMF was foretelling three percent of the average growth of 3 percent of the central period, under 3.7 percent before Covil-19 Pandec.
Uncertainty at high quality standards and continues to increase, while the gold is required for gold – a safe property – it increases, added.
“Buckle Up. The uncertainty is that new is normal and is here to stay,” IMF captain says.
India, the driver of growth
To identify India as a “key growth”, Georgieva said in this instant world, “I am very important that policy makers have done much to take the desires of their citizens, especially.
He said the IMF proposes three main policy purposes:
“First, to promote growth, so the economy can create many jobs, public revenue, and a better and private sessions,” explained.
“Second, to repair government finances, so they can get new shock and face the requirements without driving private borrowing prices.
“And third, dealing with an inequality, both domestic, and external, so it does not appear as a symbol.”
