The International Monetary Fund (IMF) released its new World Economic Outlook study on Monday. The IMF said that energy exporting countries could lose about 2.25% of their economic growth through from 2015 to 2017, compared to 2012 to 2014, due to falling oil prices.

Earlier, International Monetary Fund (IMF) Managing Director Christine Lagarde in an interview with Les Echos that the IMF is likely to cut its global growth forecasts due to a slowdown in emerging economies.

Lagarde pointed out that forecasts of 3.3% growth this year and 3.8% next year are no longer realistic. She expect the global economic growth to be above the 3% threshold.