The International Monetary Fund (IMF) has said that a yes vote in Scotland would raise a number of “important and complicated issues” that would require negotiation.
William Murray, deputy spokesman at the IMF, made the statement in a press briefing in Washington yesterday (September 11), after he was asked whether a vote for independence “could deal a huge blow to the British economy”.
Mr Murray said: “A yes vote would raise a number of important and complicated issues that would have to be negotiated. The main immediate effect is likely to be uncertainty over the transition to potentially new and different monetary, financial and fiscal frameworks in Scotland.”
He added: “While this uncertainty could lead to negative market reactions in the short term, longer term effects would depend on the decisions being made during the transition. And I would not want to speculate on this.”
Mr Murray stated that he did not want to comment on “the political process itself”.
