NEW: “Brexit Britain fastest-growing economy in G7… AGAIN,” admits IMF
CIBUK.org
Posted On October 12, 2022
Montage © CIBUK.Org
This report has been co-published with our affiliated organisation, Brexit Facts4EU.Org. We are most grateful for their original research into the raw data which backs what follows.
Anti-British, anti-Brexit IMF forced to admit UK will grow fastest for second year running
CIBUK.Org and Facts4EU.Org summarise the latest bi-annual ‘IMF World Economic Outlook’
Twice a year the International Monetary Fund publishes its highly detailed ‘World Economic Outlook’. Yesterday’s release clearly shows Brexit Britain as the fastest-growing economy in the G7 in 2022.
It will also grow faster than the “World average”, as well as growing faster than the average of the group of “Advanced Economies” and the group of “Other Advanced Economies”.
This comes on the back of the results for last year, 2021, when Brexit Britain was the fastest growing economy in the G7. And all of this comes from the (Paris-based) organisation that has “a mandate to oversee the international monetary and financial system“ and which predicted economic Armageddon if the British people voted for Brexit.
CIBUK.Org and Facts4EU.Org are proud to present a summary of the official facts
Summary
United Kingdom – growth in GDP compared to the other G7 countries
1. IMF forecasts Brexit Britain to grow fastest this year (2022)
- UK GDP growth forecast 2022 : 3.6%
- Faster than any other G7 country
- Faster than the “World average” : 3.2%
- Faster than the average of the group of “Advanced Economies” : 2.4%
- Faster than the group of “Other Advanced Economies” : 2.8%
[Source: IMF World Economic Outlook, released Tues 11 Oct 2022.]
© Brexit Facts4EU.Org 2022 – click to enlarge
2. IMF shows Brexit Britain was the best-performing major economy last year (2021)
- UK GDP growth in 2021 : 7.4%
- Faster than any other G7 country
- Faster than the “World average” : 6.0%
- Faster than the average of the group of “Advanced Economies” : 5.2%
- Faster than the group of “Other Advanced Economies” : 5.3%
[Source: IMF World Economic Outlook, released Tues 11 Oct 2022.]
© Brexit Facts4EU.Org 2022 – click to enlarge
Commenting exclusively on our report today, former Secretary of State and former Single Market Minister, the Rt Hon Sir John Redwood MP, said:
“Good news that the IMF thinks the UK is the fastest growing major economy this year.
“Also good news the IMF rightly thinks inflation will tumble next year. The challenge for the government is to avoid the recessions the IMF thinks will hit some advanced countries next year.”
– The Rt Hon Sir John Redwood MP, Wed 12 Oct 2022
None of this was supposed to happen, according to “the experts”
In early 2016, the IMF was one of many organisations roped in by Prime Minister David Cameron and Chancellor George Osborne to scare British people rigid about what would happen if they voted to leave the European Union.
IMF’s support for Project Fear
Christine Lagarde, the Frenchwoman who was then the President of the IMF and who is now President of the European Central Bank, dutifully obliged the British Government.
The consequences of a Leave vote she said, would range from
“pretty bad, to very, very bad.”
The IMF said in a report on the UK economy before the Referendum that a Leave vote could have a “negative and substantial effect”. It had previously said that such an outcome could lead to “severe regional and global damage”.
They added that a Brexit vote would result in a “protracted period of heightened uncertainty” and could result in a sharp rise in interest rates, cause volatility on financial markets, and damage London’s status as a global financial centre.
How has the BBC reported this news about the UK surpassing the world?
Below is a screengrab we took of the BBC’s news website at 4am this morning.
© BBC
We would encourage BBC journalists to read our report above, then read Facts4eu’s report on 04 Oct 2022, (only a week ago), demonstrating that prices are in fact rising faster in the EU than in the UK.
For the original version of this article, click here : https://facts4eu.org/news/2022_oct_booming_brexit
