IMF cuts global growth forecast due to ‘seismic waves’ from Russia’s war in Ukraine

April 19, 2022 9:39 PM

WASHINGTON (REUTERS) – The International Monetary Fund on Tuesday slashed its forecast for global economic growth by nearly a full percentage point, citing Russia’s war in Ukraine, and warning that inflation was now a “clear and present danger” for many countries.

Source : https://www.straitstimes.com/business/economy/imf-cuts-global-growth-forecast-due-to-seismic-waves-from-russias-war-in-ukraine