IMF Cuts 2023 Global Growth Forecast, Citing Inflation, War and China Slowdown

WASHINGTON — Global economic growth is likely to slow next year more than previously expected, the International Monetary Fund said, warning living conditions will worsen due to inflation. increasing harm to the lives of people all over the world.

The IMF attributed the weak outlook mainly to the impact of inflation, Russia’s invasion of Ukraine and a slowdown in China due to frequent Covid-19 lockdowns and problems in the real estate sector. its.