IMF Cuts Global Growth Forecast for FY22 to 4.4% from 4.9%

The International Monetary Fund, on Tuesday, slashed its global growth forecast for the calendar year 2022 to 4.4 per cent from 4.9 per cent projected in the previous World economic Report in October. “The global economy enters 2022 in a weaker position than previously expected. As the new Omicron variant spreads, countries have reimposed mobility … Continue reading IMF Cuts Global Growth Forecast for FY22 to 4.4% from 4.9%