Sunday, April 17, 2011

If the crisis worsens in Arab countries resent the economy: WB

.- If the political crisis in the Arab world is worse, global growth could "derail", warned on Saturday the World Bank (WB). "A worsening conditions in the Middle East and North Africa could derail global growth," said World Bank to the International Monetary and Financial Committee (IMFC), the body of the 24 countries that define the broad policies of the IMF (IMF).

The World Bank estimated in any case that "economic disruption directly related to the political turmoil" in the Arab world should have limited impact worldwide. " The same applies to the tsunami and the subsequent nuclear accident in Japan, he said. Growth in Egypt will be of 2.5% and 1.5% respectively Tunisia, said the WB.

This represents an average of three points lower than forecast three months ago. "If oil prices and persistently strong increase, either by increased uncertainty or a significant disruption of oil production, global growth could slow by 0.3 percentage points in 2011 and 1.2 percentage points in 2012," he said.

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