The International Monetary Fund’s job is to worry about the state of national economies, to spot trouble on the horizon and, in extremis, provide support to countries who struggle in the form of emergency loans. Argentina is currently receiving bailout funding from the IMF, in the aftermath of the financial crisis Greece did too. It’s often forgotten that the UK requested its assistance in 1976. The IMF’s assessment of the UK prospects over next two year is relatively upbeat. It predicts that growth will “stabilise” at 1.4% in 2020 and 1% in 2021, weak by UK historical standards but growth...
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