The warning of the IMF: “With the release will come the recession” – The Messenger

NEW YORK Several times the IMF gave its negative opinion on one of the nations which makes possible exit of Britain from the Club it starts at 43 years. The speech yesterday, however, has been particularly strong, determined, and very pessimistic. In presenting the 64-page analysis of the annual British economy, the international body has warned that a positive vote on June 23 would slip the United Kingdom in a recession: “The economic consequences would be negative and significant,” he explained the text, which, however, recognized that ‘the decision belongs to the voters. ” The Fund has delayed a day in releasing the document, out of respect for the Labour MP Jo Cox, who was killed Thursday by an extreme nationalist. In the present, yesterday, the IMF director Christine Lagarde expressed the institution’s condolences and its employees towards the family of the young policy. He then explained that if Britain remained the EU, could record a growth of 1.9 per cent, thanks to a “revival” due to the certainty of stability.

Conversely, a vote for the exit would trigger instability and uncertainty that would have immediate effects, with a delPil contraction that would fall into the negative zone, with a downturn of 0.8 percent in 2017. on the long beat, the UK economy would decline by 5.6% by 2019, with an unemployment rate above 6 percent. The cause of this decline would be different elements: first of all, always says the IMF document, “there would be a reduced access to trade, as the country would hardly be able to achieve new trade agreements with other countries.” The uncertainty in the transition, then would lead to a delay in investment and a reluctance to take, while various companies that need to continue operating within the single market may choose to move.

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 19/06/2016 00:00:00

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