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IMF warns of higher recession risk and darker global outlook


Kristalina Georgieva, managing director of the IMF, told an audience at Georgetown University on Thursday that things are more likely to get worse before it gets better,” said the Russian invasion. The entry into Ukraine that began in February has dramatically changed the IMF’s view of the economy.

IMF warns of higher recession risk and darker global outlook

Many countries have seen the great effects of war on their economies. Source: Reuters

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