02043cas a2200241 a 4500 AALejournalIMF018863 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484384589 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. United Kingdom : 2018 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for United Kingdom. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (90 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The United Kingdom is set to exit the European Union in March 2019. It is now in the process of negotiating its withdrawal from the EU. Once an agreement is reached, there will be an implementation period through the end of 2020. Complex issues still remain to be resolved, including the future status of the land border with Ireland. Growth over the past year has been moderate. The post-referendum depreciation caused an increase in inflation, depressing private consumption. Business investment growth has been constrained by protracted uncertainty about the future trade regime and potential increases in trading costs. Nonetheless, slack in the economy is limited as weaker demand is matched by slower supply growth. Growth is expected to continue at a moderate pace, conditional on a smooth Brexit transition and some recovery in labor productivity. A key downside risk is an exit. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/316 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/316/002.2018.issue-316-en.xml IMF e-Library