IMF projects slowest rate of growth in decades, urges 'support' from wealthier countries

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IMF projects slowest rate of growth in decades, urges 'support' from wealthier countries
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The IMF cited the war in Ukraine and health concerns in China as chief potential stumbling blocks that could prevent a more robust economic recovery in coming years.

Ukraine's President Volodymyr Zelenskyy welcomes International Monetary Fund Managing Director Kristalina Georgieva, amid Russia's attack on Ukraine, in Kyiv, Ukraine February 20, 2023.

"If that were to change, policymakers would face an even more complicated task, with difficult trade-offs between their inflation and financial stability objectives, and the use of their respective tools," she added.

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