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IMF Sees Global Economic Slowdown Amid Ukraine War
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WASHINGTON—The International Monetary Fund said Tuesday it expects global economic growth to slow significantly this year as the repercussions of the war in Ukraine spread world-wide, a setback for many nations already grappling with the Covid-19 pandemic and rising inflation and interest rates.
The IMF sees the world’s economy expanding 3.6% this year, down from 6.1% last year. The new forecast is 0.8 percentage point lower than its projection in January and a 1.3 point cut from its October 2021 outlook.
Read more on wsj.comAbout this in other media
Italian PM calls for changes to EU treaties amid threats linked to Ukraine war euronews.com /2 years ago
Ukraine war: Russian strikes include Lviv as EU set to propose ban on oil imports euronews.com /2 years ago
Russia’s War in Ukraine Is Straining Global Economic Cooperation wsj.com /2 years ago
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