The IMF predicts a slowdown of economic growth in developing countries

Almaty. July 10. Silkroadnews - The International Monetary Fund (IMF) predicts a slowdown in economic growth in emerging market and developing countries, from 4.6% in 2014 to 4.2% in 2015, reports Trend.
"This slowdown reflects the moderating influence of low commodity prices, and tighter external financing conditions, in particular in Latin America and oil-exporting countries, the rebalancing of the Chinese economy and structural bottlenecks, as well as economic difficulties related to geopolitical factors, especially in the CIS countries and some countries in the Middle East and North Africa", - said in a July report of the IMF World Economic Outlook, published on Friday on the website of the fund.
Nevertheless, the IMF experts predict that in 2016 growth in emerging and developing countries will increase to 4.7%.
In addition, analysts say, a further increase in US dollar creates a balance-sheet risks and the risks of financing for countries with debt in dollars, especially in some emerging markets.
In emerging market and developing countries, macroeconomic policy space to support demand, as a rule, is more limited, but should be used as much as possible.
According to the IMF, in oil-importing countries decline in oil prices led to a decrease in price pressures and external vulnerabilities that ease the burden on monetary policy. In oil-exporting countries public spending should be adjusted in accordance with lower oil revenues in those cases where there is no fiscal space.