Pak Sahafat – The International Monetary Fund’s calculations for global economic growth in 2022 was wrong with the war in Ukraine, and its director Kristalina Georgieva said that global economic growth was lower than expected and the risks of recession were increasing in some countries.
According to Pak Sahafat News agency from Bloomberg, “In an interview with Foreign Policy magazine published on Tuesday, Georgieva said: The global economy continues to grow in 2022, albeit less than the 4.4 percent previously forecast.
The International Monetary Fund is scheduled to update its calculations in April, when the fund holds its annual spring meetings.
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The director of the International Monetary Fund added: Some economies that have recovered faster than the Corona crisis are in a stronger position to counter the echoes of Russia’s invasion of Ukraine. The United States in particular has relatively strong foundations, but those who have not yet emerged from the Corona crisis will face a “potential risk of recession” and will be hit harder.
According to Georgieva, as the Federal Reserve and other developed central banks of the world raise interest rates, it will create more difficult financial conditions for many countries and they will face a major shock.
According to the director of the International Monetary Fund, about 60% of low-income countries are facing debt problems, and this is double the figure announced in 2015.