Underlying economic vulnerabilities have been addressed, and steady growth looks set to continue, it said.
But high household debt, a "strikingly large" trade deficit and high government debt are still risks to the economy.
 |
| IMF |
It also warned about uncertainty over whether the UK would stay in the EU.
"Trade
would be harder, tariffs would be higher, [and] the financial fluidity
within the European Union would not be as good as it is at the moment,
[should the UK leave the EU]," the IMF's Christine Lagarde told BBC
business editor Kamal Ahmed.
She said the IMF was in favour of opening up trade, removing barriers, and the mobility of goods, capital and people.
"[The EU] has proven effective over the years," she said.
