14 May 2016 12:00 am
AFP- The International Monetary Fund warned yesterday that Britain’s potential exit from the European Union would weigh on economic activity and spark markets volatility.
“A vote for exit would precipitate a protracted period of heightened uncertainty, leading to financial market volatility and a hit to output,” the IMF said in a report, but added the economy would rebound in the second half of this year if Britain voted to remain in the EU membership referendum on June 23.