IMF Head: India and China to Contribute 50% of Global Economic Growth in 2023

The executive director of the International Monetary Fund (IMF), Kristalina Georgieva, has issued a warning regarding the long-drawn-out deceleration of the global economy,

IMF Chief Warns of Prolonged Slowdown in World Economy

International Monetary Fund (IMF) managing director Kristalina Georgieva has warned that the world economy will continue to experience a sharp slowdown this year due to the ongoing pandemic and Russia’s military invasion of Ukraine.

Slower Growth a Severe Blow

The managing director of the IMF cautioned that a deceleration in growth would be a severe setback, rendering it significantly more difficult for nations with lower incomes to make progress.

Slower Growth a Severe Blow

Slower Growth a Severe Blow

Her remarks precede the forthcoming spring meetings of the IMF and the World Bank, wherein policymakers will assemble to delve into the most pressing issues surrounding the global economy.

Spring Meetings of IMF and World Bank

Slower Growth a Severe Blow

In conclusion, the IMF chief has warned that the world economy will continue to experience a sharp slowdown due to the ongoing pandemic and Russia’s military invasion of Ukraine.

Conclusion