France to fall out of world’s top ten economies – IMF ...News

Russia Today - Economy
France to fall out of world’s top ten economies – IMF
source : Russia Today ( News ) () 47
The country’s share of global GDP will drop below 2%, the fund has projected Slow economic growth will push France out of list of world’s ten largest economies in five years, according to an updated global economic outlook from the International Monetary Fund. The Washington-based institution expects France’s contribution to global economic growth in purchasing power parity (PPP) terms to drop to 1.98% in 2029, compared to 2.2% recorded by IMF analysts last year. The fund’s latest projections indicate that France’s budget deficit will remain above 4% until 2029, with public debt expected to exceed 115% of gross do

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