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Economy

IMF chief: Ukraine war will not cause global recession, but weaker economies at risk

Published by
Reuters UK

By David Lawder WASHINGTON (Reuters) -Global economic growth this year will manage to stay in positive territory despite the war in Ukraine, but a number of countries with already weak economies may be tipped into recession, International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday. Georgieva told a Foreign Policy magazine forum that the Fund will lower its growth outlook when it releases new forecasts in April. The IMF last forecast 4.4% global growth for 2022 in January, down about a half percentage point from October forecasts, due to ongoing supply disruptions. But…

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