Thursday Mar 23, 2023

IMF slashes global growth forecasts amid Russia-Ukraine war and high inflation

In a major new update, the international monetary fund (IMF) has cut its global growth forecasts for the year 2022 and 2023 further warning of a possible worldwide recession. According to the IMF, the two factors that have contributed to a slow economic growth are the Ukraine war and the downside risks of high inflation. […]

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