Arab Today, arab today brexit risks longterm uncertainty and market volatility imf warns
Last Updated : GMT 17:04:50
Arab Today, arab today
Arab Today, arab today

Brexit Risks long-term uncertainty and market volatility, IMF Warns

Arab Today, arab today

Arab Today, arab today Brexit Risks long-term uncertainty and market volatility, IMF Warns

Brexit Risks long-term uncertainty and market volatility, IMF Warns
London - QNA

Britain faces long-term economic uncertainty and volatility in financial markets if it votes to leave the European Union in a referendum on June 23, the International Monetary Fund warned on Friday.

    A British EU exit, or Brexit, carries "a significant downside risk" and the prospect of it happening is an international issue that causes "anxiety around the world," said Christine Lagarde, the IMF's managing director.

    An IMF report on Britain's economic outlook said a Brexit would "precipitate a protracted period of heightened uncertainty, leading to financial market volatility and a hit to output." "The long-run effects on UK output and incomes would also likely be negative and substantial," the report said.

    Chancellor of the Exchequer George Osborne said the IMF's analysis had "put to rest the fallacy that's been peddled by those who say Britain will have more money for public services if we're not paying into the EU budget." "The IMF are clear that even the prospect of a 'leave' vote is already having an impact on investment and hiring decisions, and weighing on economic growth in the UK," Osborne, the finance minister, said in a statement. "But the Fund are also clear that this could be a mere taste of things to come if we vote to leave," he said. 

    Osborne's Treasury Department issued an analysis last month saying an average British household would lose 4,300 pounds (6,200 dollars) annually if Britain leaves the EU, dpa reported.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today brexit risks longterm uncertainty and market volatility imf warns Arab Today, arab today brexit risks longterm uncertainty and market volatility imf warns

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday