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Global growth slowing to below 3% due to Ukraine war: IMF chief

International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed "the need for vigilance" following the recent turmoil in the banking sector. Speaking at a forum in Beijing, the IMF managing director said she expected 2023 "to be another challenging year", with global growth slowing to below 3.0 percent due the war …

IMF Managing Director Kristalina Georgieva says one-third of world’s economies expected to be in recession this year. IMF Managing Director Kristalina Georgieva said 2023 will be a “tough year”, with one-third of the world’s economies expected to be in recession. Because the three big economies, US, EU, China, are all slowing down simultaneously,” Georgieva said during an appearance on the …

Crises slowing economic growth worldwide, says IMF chief

The IMF is due to release its updated economic forecasts on Tuesday, which Kristalina Georgieva said will further downgrade the estimate for global growth that was cut to 4.4 per cent in January Washington, United States: The war in Ukraine has undercut the global recovery, slowing expected economic growth in most countries in the world, IMF managing director Kristalina Georgieva …

The IMF’s most-recent forecasts raised concerns that global supply chain issues and uneven distribution of vaccines were slowing the rebound, and causing some countries to be left behind Washington: The new Omicron variant of COVID-19 could slow the global economic recovery, just as the Delta strain did, International Monetary Fund chief Kristalina Georgieva said Friday. “A new variant that may …