Macroeconomics  |  October 05, 2012 07:41:00

IMF lowers estimate of economic growth

International Monetary Fund (IMF) is skeptical about global economic growth and development of this estimate decreases by 0.1 to 3.3 percent growth. Also, the development of next year's newly estimated at 3.6 percent instead of the previous 3.9. The information published today by the German daily Handelsblatt.
As regards developments in the euro area, the IMF expects this year by 0.2 percent, with a slight recovery in the next year, a rise of 0.4 percentage points.
Outlook has worsened in the case of China, according to the IMF to grow 8.2 percent, instead of the previously expected 8.4. Similarly skeptical as the development is being built in India and Brazil.
Future development of the world economy, according to the IMF depends on major policy decisions and political will to stabilize confidence.

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