GLOBALink | IMF to downgrade forecast for over 140 economies amid Russia-Ukraine conflict

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GLOBALink | IMF to downgrade forecast for over 140 economies amid Russia-Ukraine conflict

STORY: IMF to downgrade forecast for over 140 economies amid Russia-Ukraine conflict DATELINE: April 15, 2022 LENGTH: 00:00:59 LOCATION: WASHINGTON CATEGORY: SOCIETY SHOTLIST: 1. exterior view of IMF building 2. various of Russia-Ukraine conflict 3. pic of Kristalina Georgieva 4. various of economic related shots STORYLINE: The International Monetary Fund (IMF) chief said Thursday that the organization will revise down its global growth forecast amid the Russia-Ukraine conflict, the impact of which will contribute to downgrades for 143 economies this year. The IMF chief Kristalina Georgieva noted that the economic consequences from the Russia-Ukraine conflict spread "fast and far," "hitting hardest the world's most vulnerable people." She said, the conflict has pushed up energy and food prices and exacerbated inflation, hurting hundreds of millions of families who were already struggling with lower incomes and higher prices, and threatening to further increase inequality. In an update to its World Econo

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