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Added on the 26/01/2021 16:35:43 - Copyright : AFPTV - First images
The International Monetary Fund projects the global economy will grow 5.9 percent in 2021 and 4.9 percent in 2022, IMF chief economist Gita Gopinath says. SOUNDBITE
The IMF sees growth diverging among the world's major economies this year. It predicts that Russia fall into a recession.
Surging inflation and severe slowdowns in the United States and China prompted the IMF to downgrade its outlook for the global economy this year and next, while warning that the situation could get much worse. SOUNDBITE
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
EU economic affairs commissioner Paolo Gentiloni says that the bloc has increased its growth forecast for 2021, as the eurozone economy holds strong against higher energy prices, supply chain bottlenecks and a fresh wave of Covid cases. SOUNDBITE