Date: 2 months ago   Category: Economy

To the world predict delay of development of economy


Delay of growth of global economy can be more considerable, than it was supposed earlier. "Glavpost" with reference to Euronews reports about it. Ministers of Finance and heads of the Central Banks of the countries of "Group of Twenty" at a meeting in Washington expressed to

concern about the high speed of recession and risks, connected including with protectionism and "trade wars".

"Global growth proceeds, but more slowly, than was predicted in October. The balance of risks remains displaced towards decrease. We realize possibility that the prospects of growth can worsen", - the minister of finas of Japan Taro Aso noted. According to the IMF, delay concerned 70% of the countries - while half a year ago 75% of economy showed stable growth: "Growth rates of the EU obviously slowed down in comparison with statistics of six-months prescription when we gathered for an annual meeting last time. Some loss of rates was, of course, expected, considering that in the majority of the countries growth exceeded potential. However, we were surprised by recession speed", - the director of the European department of the IMF Poul Tomsen noted. At the same time financiers predict that in the second half of year the situation can improve if the countries continue to pursue adaptive policy and to take measures for stimulation of the economies. Let's remind, in March reported that the Organization for Economic Cooperation and Development predicted delay of growth of world economy.

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