War in Ukraine and global monetary tightening are cited as major reasons for muted growth
Kristalina Georgieva
Latest in Kristalina Georgieva
David Beasley
World Bank calls for ‘urgent’ support of vulnerable countries amidst rising food insecurity
War in Ukraine, ongoing coronavirus, climate change all cited as reasons for sharply rising food and oil prices
Dubai
IMF: Russia has not been suspended, economic impact of conflict and post-Covid recovery must be addressed
With many countries reeling under a large debt burden, the IMF has recognised the need for debt restructuring – including write-offs – for some nations, while for others, the IMF will advise debt reprofiling, so they can pay back their loans over longer time
