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Added on the 09/10/2019 19:40:06 - Copyright : Euronews EN
The impact of the war in Ukraine is spreading worldwide, causing the IMF to sharply downgrade its 2022 global growth forecast to 3.6 percent, IMF chief economist Pierre-Olivier Gourinchas says as he presents the latest World Economic Outlook. SOUNDBITE
Washington, Jan 26 (EFE) .- Ecuadorian President Lenin Moreno met this Tuesday with the Managing Director of the IMF, Kristalina Georgieva, at the Embassy of Ecuador in Washington.(Camera: WILL OLIVER)SHOT LIST: B-ROLL OF PRESIDENT OF ECUADOR LENIN MORENO'S MEETING WITH IMF MANAGING DIRECTOR KRISTALINA GEORGIEVA IN THE ECUADORIAN EMBASSY IN WASHINGTON, US.
"Global growth in 2020 will dip below its last year's levels," says International Monetary Fund chief Kristalina Georgieva, "but how far it will fall and how long the impact will be, is still difficult to predict." Georgieva was speaking after all 189 members of the IMF said they were united in addressing the challenges posed by COVID-19. SOUNDBITE
"In 2019, we expect slower growth in nearly 90 percent of the world. ... the world economy is now in synchronized slowdown," says the newly-installed IMF chief Kristalina Georgieva in a speech ahead of IMF-World Bank annual meetings next week. SOUNDBITE
Gita Gopinath, IMF chief economist, says the World Economic Outlook cut the global GDP forecast for this year to 3.5 percent from the 3.7 percent projected in October. And for 2020 the estimate was trimmed to 3.6 percent. SOUNDBITE of Gita Gopinath at the World Economic Forum in Davos
The International Monetary Fund cuts its global growth forecasts for the next two years, citing uncertainty over Britain's looming exit from the European Union. Grace Pascoe reports.
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