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World
07:31, 11-Mar-2022
IMF to revise forecast downward over Ukraine crisis, Russian sanctions
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The seal for the International Monetary Fund is seen in Washington, DC, U.S., January 26, 2022. /CFP
The seal for the International Monetary Fund is seen in Washington, DC, U.S., January 26, 2022. /CFP
International Monetary Fund (IMF) Director General Kristalina Georgieva said on Thursday that the fund is preparing to revise its forecast for global economic growth downward as a result of the ongoing conflict in Ukraine and the deep sanctions imposed on Russia, but still expects a "positive trajectory" for the world economy.
