The International Monetary Fund(IMF) has warned that the uncertainty stemming from Brexit could pose grave risks for the global economy.
 
IMF Spokesman Gerry Rice said in a regular briefing on Thursday that the organization sees the uncertainty stemming post-Brexit as "probably the biggest risk to the global economy."
 
He said the uncertainty is "likely to dampen growth in the near term, particularly in the U.K., but with repercussions also for Europe and for the world economy."
 
Rice noted that "prolonged periods of uncertainty and associated declines in consumer and business confidence would mean even lower growth."