Spain heads IMF growth prediction

Almeria football fans furious after website collapses leaving many without tickets Credit: Twitter @U_D_Almeria

THE International Monetary Fund has placed Spain at the head of growth amongst advanced economies in the Euro zone, with a growth forecast of 3.1 per cent for 2015 and 2.5 per cent for 2016.
In its revised Global Economy Outlook, the Fund has maintained its previsions for growth of 1.7 per cent up until the end of this year and 1.5 per cent for next year in the Euro zone, where in general it believes recovery to be underway.
Spain’s growth appears clear to the IMF, which has placed it amongst the countries in the world with the highest growth margin. In fact, it even beats the US (expected to grow 2.5 per cent in 2015) and the UK (2.4 per cent).
On a worldwide level, the IMF has slightly reduced its growth forecast to 3.3 per cent for 2015, two points less than the predictions from April, while those for 2016 remain at 3.8 per cent.

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