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AAP
AAP
Business
Caitlin Powell

Treasurer: Conflict casts dark shadow over the economy

The Treasurer has doubled down on his warnings of a gloomy outlook for Australia's economy due to wars in Ukraine and the Middle East after meeting with his international counterparts.

Jim Chalmers spent the week with finance ministers from across the world in Washington, DC, gathering for G20, World Bank and International Monetary Fund meetings.

At the end of his visit, he said that while there has been progress with inflation in Australia, caution is still necessary.

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