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The International Monetary Fund could downgrade its expectations for global economic growth this month.

Its head Kristalina Georgieva has hinted as much, saying the war in Ukraine, higher than expected inflation and the Covid pandemic are to blame.

As G20 ministers and central bank governors gather in Bali this week, they face a global economic outlook that has darkened significantly.

Recent indicators imply a weak second quarter – and we will be projecting a further downgrade to global growth for both 2022 and 2023 in our World Economic Outlook Update later this month.

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Read the original article at The Guardian

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