Watch live as the International Monetary Fund (IMF) and the World Bank Group (WBG) release the Global Financial Stability Report on Tuesday, 11 April. It comes after the release of the World Economic Outlook at the 2023 Spring Meetings.
IMF chief economist Pierre-Olivier Gourinchas presented the financial agency’s latest global growth projections and key policy recommendations in Washington DC.
The announcement comes amid concerns over high inflation rates and slow global growth.
The IMF has predicted that global growth will be “around 3 percent” per year for the next five years, according to IMF managing director Kristalina Georgieva.
It is the worst medium-term outlook in 33 years.
In a speech in Washington DC, Ms Georgieva highlighted that the Russian invasion of Ukraine, and its disruption of the supply of oil and other materials, was to blame for slow economic growth.
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