The IMF has called the dollar’s value inflated

According to the IMF, balance of payments deficit of the USA by 2020 will increase up to 4% of GDP.

The international monetary Fund (IMF) believes the value of the U.S. overestimated by 10-20%.

This is stated in the IMF forecast on the U.S. economy, published on the website of the Fund.

The report States that the United States has a large balance of payments deficit, which, according to the U.S. Department of Commerce, for the first quarter of 2016 made up to 124.7 billion , or grew to 2.7% of GDP.

The IMF predicts that by 2020, the balance of payments deficit of the USA will rise to at least 4%, and this means that the dollar today is overvalued by 10-20%. At the same time, the IMF experts forecast growth of U.S. GDP to 2.2%. The forecast for 2017 was unchanged at 2.5% growth.

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