Assuming we have a 30 percent decline (in oil prices), it's likely to be an additional 0.8 percent (in economic growth) for most advanced economies, because all of them are importers of oil.

Christine Lagarde

Christine Madeleine Odette Lagarde (; née Lallouette, ; born 1 January 1956) is a French lawyer and Union for a Popular Movement politician who has been the Managing Director (MD) of the International Monetary Fund (IMF) since 5 July 2011. Previously, she held various ministerial posts in the French government: she was Minister of Economic Affairs, Finance and Employment and before that Minister of Agriculture and Fishing and Minister of Trade in the government of Dominique de Villepin.

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