The speaker: the growth of the global economy in 2016 will not exceed 3%

The speaker: the growth of the global economy in 2016 will not exceed 3%


DAVOS, January 23. The Minister of economic development of Russia Alexei Ulyukayev believes that the growth of the world economy in 2016 will not exceed 3%.

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He said this to journalists in Davos.

“I don’t think that the global growth in 2016 will be above 3 percent,” he said.

Earlier, speaking at an economic forum in Davos, the managing Director of the IMF Christine Lagarde suggested that the global economy will grow by 3.4% in 2016, growth will be uneven, and Russia and Brazil will remain in negative territory.

“We believe that the growth rate of the world economy remain modest and uneven, and we see four threats to growth. But they (growth rate) increase. We forget that they grow 3.1 percent in 2015 to 3.4% in 2016 and 3.6% in 2017. This increases the volume of our economy”, – said the head of the IMF.

Among the main risks for the world economy, Lagarde called the state of the Chinese economy, prices of commodity markets, asinhronisations monetary policy of the Central banks and the situation in emerging markets.

However, indicators of global economic growth by 0.2 percentage points less than the previous forecast of IMF published in October last year.