Money What to remember world growth forecasts from the IMF

21:00  12 october  2021
21:00  12 october  2021 Source:   lexpansion.lexpress.fr

The IMF provides for a modest recovery of growth in Africa in 2021 and 2022

 The IMF provides for a modest recovery of growth in Africa in 2021 and 2022 © Paul J. Richards by IMF, growth in Africa suffers low vaccination rate against CVIV-19 The International Monetary Fund (IMF ) provides for a more modest growth in Africa than in the rest of the world, in 2021 and 2022, the low vaccination rate against CVIV-19 on the continent explaining this delay. Growth for sub-Saharan Africa must be 3.7% in 2021 and 3.8% in 2022, "a welcome but relatively modest recovery", the institution in its forecasts published on Thursday.

The IMF has revised slightly its global growth forecasts, which would be 5.9% this year. The Express takes stock.

Siège du FMI à Washington, où une femme portant un masque contre le coronvirus marche le 5 avril 2021. © AFP.com/Mandel Ngan FMI headquarters in Washington, where a woman wearing a mask against coronvirus walking on April 5, 2021.

Signs of weakness or shortness of breath? In its latest forecasts, made public on Tuesday, the International Monetary Fund (IMF) has, in any case, revised down slightly its predictions of the month of July. "The pandemic is not finished anywhere as long as it is not completed everywhere, insisted the Chief Economist of the World Organization, Gita Gopinath.

for the current year, the growth of the gross domestic product (GDP) worldwide should set up to 5.9%, one tenth of a point of less compared to July. Forecast 2022 is unchanged at 4.9%. "This modest revision masks strong declines for some countries" , detailed Gita Gopinath, the Chief Economist of the Fund.

FMI: Georgieva heard Wednesday by the board of directors, according to sources

 FMI: Georgieva heard Wednesday by the board of directors, according to sources IMF-Banque-World-Ethical: IMF: Georgieva heard Wednesday by the board, according to sources © Reuters / Pool IMF: Georgieva Heard Wednesday by the Board of Directors, according to Sources Washington (Reuters) - The Board of Directors of the International Monetary Fund (IMF) will question Wednesday SA Director General, Kristalina Georgieva, have been learned from people? folder.

A decline in overall growth for advanced economies

As an example, the growth of so-called advanced savings will only be 5.2% against 5.6 % in the July

forecasts The performance of the United States is amputated from one point (at 6%), that of Germany (3.1%) and Spain (5.7%) of a Half-point. The opposite, the Fund noted its prognosis for a number of countries, starting with France, which wins half a point, 6.3% or the Italy coming to 5, 8% from the S Latest forecasts. The resistance of developing economies

Emerging and developing countries are resistant to expected growth of 6.4%. "The prospects of low-income developing countries have been considerably offset due to the worsening of pandemic dynamics," says Gita Gopinath. There are indeed strong disparities.

IMF Shows Global Growth Forecast

 IMF Shows Global Growth Forecast The International Monetary Fund IMF accumulates its global growth forecast this year. The director of the IMF, Kristalina Georgiewa, named rising risks through inflation, liabilities and a strong difference in growth prospects between electricity and largely unvaccinated countries. © Jose Luis Magana / Copyright 2018 The Associated Press.

The growth of Mexico, Brazil or China is amputated a half-point, reaching respectively, according to the last forecasts of the Fund, 6.2%, 5.2% and 8%. The reverse, the multilateral institution, led by Kristalina Georguieva, has noted its estimates of 0.5 points for Latin America and the Caribbean access to the vaccines in question

mainly? Disparities in access to vaccines. "While nearly 60% of the advanced population is fully vaccinated and that some now receive reminders, about 96% of the population of low-income countries are still not" , "insists the Chief Economist .

Concern on inflation

The IMF is also concerned of the inflationary pressures due to supply breaks in the value chains. In the overwhelming majority of countries, "price pressures should diminish in 2022 once the imbalances between supply and demand have been resolved", provides the IMF. Thus, therefore, the fund reviews up 2.8%, its inflation forecasts in the industrialized countries. For emerging and developing countries, the increase would reach 5.5%.

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In short, "great uncertainty surrounds the prospects of inflation, mainly because of the evolution of the pandemic and the duration of the disturbances of Supply ", warns the IMF. It is true that the perspective of a recovery of the pandemic, and the arrival of new variants could lead to new restrictions in the world, which could result in more persistent supply breaks.

Concern is primarily concerned with the United States, the United Kingdom and some developing countries. To follow, so.

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