IMF chief doubts French growth of 2.25 percent in 2008

21st December 2007, Comments 0 comments

Dominique Strauss-Kahn said that a French government growth prediction of 2.25 percent for 2008 would be "difficult to reach"

   PARIS, December 21, 2007 - IMF chief Dominique Strauss-Kahn said Friday
that a French government growth prediction of 2.25 percent for 2008 would be
"difficult to reach," speaking on RTL radio.
   "As (in) all countries, this prediction will be difficult to reach," said
the former French finance minister.
   The International Monetary Fund said last month it would likely revise down
its 2008 estimate of world economic growth due to financial market turmoil and
surging oil prices.
   "Growth will be weaker, (but) it will not necessarily be catastrophic,"
Strauss-Kahn said in response to a question about the impact of the financial
crisis on the United States and Europe.
   He said that emerging countries would be less affected.

AFP 

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