GROWTH PREDICTIONS OF
THE INTERNATIONAL MONETARY FUND
The
International Monetary fund has predicted that the Spanish economy will
increase by 2.7% in 2016 and by 2.3% in 2017.
However the Spanish Bank – which
raised its 2016 development figure to 2.8% recently after a very uncertain
general election on 20th of December 2015.
These
amounts symbolize the biggest upward modification of any of the world's
greatest economies, with an upward movement up two-tenths on the year 2016, and
one-tenth of a point in 2017 from the projections carried out on October 2015.
The
World Economic Outlook report has stated that the IMF is expecting Spain’s
growth to overtake that of the USA, Japan and even Canada this year. That would
put it in the lead position among other developed economies worldwide.
