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Tags: imf global growth forecast | ukraine war

IMF: Ukraine War to Slow Global Growth, Raise Recession Risk for Some Countries

Kristalina Georgieva
Kristalina Georgieva, managing director, International Monetary Fund (Getty Images)

Tuesday, 22 March 2022 01:49 PM EDT

New International Monetary Fund forecasts due in April will show that the war in Ukraine will slow global economic growth, but will not cause a global recession, IMF Managing Director Kristalina Georgieva said on Tuesday.

Georgieva, speaking in an online event hosted by Foreign Policy magazine, said that some weak emerging economies still struggling with the COVID-19 pandemic face the risk of recession due to shocks from higher food and energy prices, and tighter financial conditions due to interest rate hikes in advanced economies.

© 2024 Thomson/Reuters. All rights reserved.


StreetTalk
New International Monetary Fund forecasts due in April will show that the war in Ukraine will slow global economic growth, but will not cause a global recession, IMF Managing Director Kristalina Georgieva said on Tuesday.
imf global growth forecast, ukraine war
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2022-49-22
Tuesday, 22 March 2022 01:49 PM
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