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The Guardian - UK
The Guardian - UK
Business
Larry Elliott and Graeme Wearden in Davos

IMF boss warns over food prices and declines to rule out global recession

Kristalina Georgieva at Davos
Georgieva predicted 2022 would be a ‘tough year’ and declined to rule out a global recession. Photograph: Fabrice Coffrini/AFP/Getty Images

The head of the International Monetary Fund (IMF) has said the war in Ukraine has darkened the outlook for the global economy and could result in recession for more vulnerable countries.

Kristalina Georgieva predicted that 2022 would be a tough year and declined to rule out a global recession if conditions worsened markedly.

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