According to the newspaper La Vanguardia, on Tuesday, the Managing Director of International Monetary Fund (IMF), Christine Lagarde, said that was a good forecast for the Spanish economy.
For 2016 and 2017 is expected a growth of 2.7% and 2.3% respectively. Although there was a growth of 3.2% in 2015, it is an achievement compared with the previous forecast, well ahead of countries such as Germany (with growth of 1.5% in 2015 to 1.7% this year and next) , France (passing from 1.1% to 1.3% in 2016 and 1.5% in 2017) and the UK (which is equal to 2.2% of 2015 repeated in 2016 and 2017) .
The IMF also states that for 2016 overall economic health, there is a forecast of 3.4% and for 2017 of 3.6%, both of which are above 2015 results, which were 3.1 %.
After these forecasts, Maurice Obstfeld, economic counselor and director of the IMF, describes 2016 as a year of great challenges for the global economy.
Source: Published in La Vanguardia on 01/19/2016.
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