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Author Topic: IMF cuts global economic forecasts again  (Read 144 times)


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on: December 05, 2021, 02:05:59 AM
International Monetary Fund (IMF) director Kristalina Georgiava said at a Reuters Next meeting on Friday (Dec 3) that the IMF is likely to cut its growth forecasts. word due to the COVID-19 outbreak Omicron species

covid-19 virus The omicron strain has spread rapidly to at least 40 countries since its detection was reported in South Africa last week. And many governments have tightened travel restrictions in an effort to contain the new virus.

“A new virus that could spread very quickly, will affect confidence And we are likely to lower our forecasts for global economic growth from what was expected in October,” Ms Georgiawa said at the meeting.

In October, the IMF lowered its global economic growth forecast for this year to 5.9 percent from 6.0 percent in July, but kept expectations. Forecast of global economic growth next year at 4.9%

Some European countries and the US are facing a new wave of COVID-19 outbreaks. Delta species And the omicron strain could also shake the stability of an economy that is just beginning to recover from the impact of the lockdown and deadlock caused by COVID-19.

Reuters reported that A company Christmas party in Oslo the capital city of norway At least 13 cases of Omicron coronavirus have been confirmed, the biggest outbreak outside South Africa to date.

Many scientists stated that Ways to stop the coronavirus from spreading include: Guaranteeing poor countries access to vaccines But it is not a booster shot for people in wealthy countries.


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